by Liz Gullett | Jun 21, 2024 | Liz Gullett
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...
by Liz Gullett | Mar 22, 2024 | Liz Gullett
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...
by Liz Gullett | Jan 26, 2024 | Liz Gullett
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...
by Liz Gullett | Aug 18, 2023 | Liz Gullett
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...
by Liz Gullett | Jul 21, 2023 | Liz Gullett
For only the third time since the 1970s, Michigan’s unemployment rate last month dropped below 4%. The June 2023 rate declined by one-tenth of a percentage point to 3.6%. Key Points: The June rate was the lowest it’s been in 23 years. The labor force grew by 23,000 in...