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...
by Liz Gullett | Jun 16, 2023 | Liz Gullett
Michigan’s jobless rate showed another sign of economic strength, declining month-over-month in May to 3.7%, while the national rate increased. Key Points: The U.S. rate increased by three-tenths of a percentage point to 3.7%. This is the first time Michigan’s jobless...
by Liz Gullett | May 19, 2023 | Liz Gullett
In April, Michigan’s unemployment rate declined to 3.8%, comparable to the lowest levels Michigan has seen only three times since the 1970’s. Key Points: April’s labor force participation rate increased to the highest level in three years. The statewide labor force...
