Podcasts & RSS Feeds
Most Active Stories
Tue April 3, 2012
Michigan's falling unemployment rate not isolated to any part of the state
There’s new information showing Michigan’s drop in unemployment is spread out across most of the state.
Last week, the Michigan Department of Technology, Management & Budget reported that the state’s unemployment rate had fallen to 8.8 percent. The last time the state’s jobless rate was below 9 percent was September of 2008.
New data from the state shows the decline was spread widely through Michigan.
Fifteen of 17 regions of Michigan recorded declines in unemployment in February, with Detroit and Monroe reporting the largest rate decreases from January to February. Flint, Holland and Jackson recorded the largest declines during the past year.
It should be noted when you factor in people who’ve stopped looking for work and part-time workers who can’t find a full time job, Michigan’s underemployment rate would be closer to 17 percent.