Michigan's jobless rate continues downward slide

The state said Michigan's jobless rate has hit its lowest level since summer 2008 amid employment gains and stable workforce levels.
AP Wire
May 16, 2012

 

Statistics released today show the state had a seasonally adjusted jobless rate of 8.3 percent in April. That's down from 8.5 percent in March and represents the lowest jobless rate for the state since July 2008.

The state's unemployment rate in April was slightly above the national rate of 8.1 percent.

Michigan's workforce rose for the fourth consecutive month and the total employment level has advanced by 91,000, or 2.2 percent, since April of last year.

Professional and business services led April's job additions — followed by financial activities, education and health services. Minor declines have been reported in construction and manufacturing.

Comments

AtomicRooster

The reason for this is because people have exhausted their unemployment benefits. I hope the general population is not buying into this misinformation.

 

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