Unemployment Rate Hits Record Low

Jul 21, 2023

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.

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 June and increased by 85,000 overall for the year.
    • 76,000 jobs have been added thus far in 2023.
    • Total employment increased by 26,000 during the month, while unemployment declined by 3,000.
    • The labor force participation rate was 60.7% for the month.

For more information from the 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

Five Things We’re Reading

Five Things We’re Reading

Below are some articles the MLC lobby team has been reading this past week. We hope you find them as interesting and useful as we do. Competing Forces Complicate State Education Funding – Declining revenue, coupled with the end of COVID-19 funding, has states...

Senate Moves Earned Sick Time, Minimum Wage Changes

Senate Moves Earned Sick Time, Minimum Wage Changes

Ahead of the February 21 changes to Michigan’s minimum wage and the implementation of the Earned Sick Time Act, this week, the Senate moved forward with legislation amending the forthcoming changes. Earned Sick Time: Senate Bill 15 was reported by the Senate...

Governor Undertakes Investment Mission

Governor Undertakes Investment Mission

Governor Gretchen Whitmer traveled to the United Arab Emirates and Bahrain for an investment mission, the first time in state history a governor has visited the region. While there, she will work to strengthen economic ties in the region, boost job creation, meet with...

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

Michigan Legislative Consultants
110 W. Michigan Avenue
Suite 500
Lansing, MI 48933
517.372.2560
517.372.0130 fax

1001 Woodward Avenue
Suite 500
Detroit, MI 48226

MLC is proud to be the Michigan member of NASL