Unemployment Rate Declines

Mar 22, 2024

by Liz Gullett

As MLC’s Communications and Social Media Manager, Liz Gullett keeps clients informed and up-to-date on the goings on in Lansing and the Capitol.

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 higher than the February 2023 rate.
    • The Detroit-Warren-Dearborn Metropolitan Statistical Area’s seasonally adjusted rate also declined by one-tenth of a percentage point in February to 3.8%.
    • The most pronounced over-the-month employment gains occurred in the state’s private education, health services, and government sectors.
    • Employment in the construction sector edged up for the fourth consecutive month and on a percentage basis has observed the largest over-the-year industry employment gain of 3.8%.
    • The national jobless rate advanced by two-tenths of a percent to 3.9% during the same period.

To view the full monthly jobs report, please click here.

Michigan Legislative Consultants is a bipartisan lobbying firm based in Lansing, Michigan. Our team of lobbyists and procurement specialists provide a wide range of services for some of the most respected companies in America. For more on MLC, visit www.mlcmi.com or connect with us on LinkedIn and Twitter.

Recent Posts

March Revenue Declines

March Revenue Declines

Last month, major taxes and net lottery revenue declined 24.7% from the prior year, coming in at $1.6 billion. Additionally, collections were roughly $169.6 million below prior projections from the consensus revenue estimating conference held earlier this year. Key...

Senate Passes Kindergarten Requirement

Senate Passes Kindergarten Requirement

Michigan’s young residents would be required to attend kindergarten under legislation passed by the Senate this week. Key Points: Senate Bill 285 was sponsored by Senator Dayna Polehanki (D-Livonia). A child must be enrolled in kindergarten at the age of five. A...

Legislature Approves Change to Driver License Issuance

Legislature Approves Change to Driver License Issuance

Legislation passed this week lifting restrictions on issuing driver’s licenses under certain circumstances. Passage of the bill was praised by Secretary of State Jocelyn Benson, “Similar to ‘Driver Responsibility Fees’ of years past, the multi-year prohibition from...

Looking for older articles?

We’ve recently made improvements to our blog to provide a better user experience. If you’re searching for older posts, click here to search our archive.

Michigan Legislative Consultants
110 W. Michigan Avenue
Suite 500
Lansing, MI 48933
517.372.0130 fax

1001 Woodward Avenue
Suite 500
Detroit, MI 48226

MLC is proud to be the Michigan member of NASL