October Unemployment Rate Rises

October Unemployment Rate Rises

Michigan’s seasonally adjusted unemployment rate in October rose by two-tenths of a percentage point to 4.7%. Employment declined by 9,000 over the month, while unemployment increased by 6,000. Key Points: Unemployment rose for the seventh consecutive month. The...
October Unemployment Rate Rises

Unemployment Rate Steady

In May 2023, Michigan’s unemployment rate remained stable at 3.9% for the fourth consecutive month, while the national unemployment rate rose by 0.1% to 4.0%.  Michigan: The statewide labor force participation rate was stable at 62.3% over the month. Payroll jobs...
Unemployment Rate Declines

Unemployment Rate Declines

In February, Michigan’s seasonally adjusted jobless rate decreased by one-tenth of a percentage point to 3.9%. During the month, employment edged up by 2,000, while unemployment was reduced by 4,000. Key Points: Last month’s rate is one-tenth of a percentage point...
Unemployment Rate Remains Steady

Unemployment Rate Remains Steady

December’s seasonally adjusted unemployment rate remained unchanged from the prior month at 4.3%. During the month, employment advanced by 8,000, while unemployment was unchanged over the month. Key Points: Total employment slightly grew by 0.2%. The statewide labor...
Unemployment Rate Remains Steady

Unemployment Rate Remains Steady

Michigan’s July 2023 seasonally adjusted unemployment rate remained unchanged at 3.6%. During the month, employment grew by 22,000 and unemployment rose by 1,000. Key Points: Michigan’s rate was one-tenth of a percentage point above the national rate. The statewide...