by Liz Gullett | Jul 3, 2025 | Liz Gullett
The nonpartisan Senate Fiscal Agency released the April 2025 Michigan Economic Indicators Report. The report provides economic highlights on both the national and state levels. United States: Consumer sentiment fell for the fourth consecutive month by 8.4% from the...
by Liz Gullett | Mar 7, 2025 | Liz Gullett
Jason Palmer began his role as director of the Michigan Unemployment Agency (UIA), succeeding Julia Dale who resigned in January. Jason Palmer: He most recently served as the Assistant Commissioner at the U.S. Bureau of Labor Statistics and the Regional Commissioner...
by Liz Gullett | Nov 22, 2024 | Liz Gullett
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...
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...