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Wed March 27, 2013
Michigan's unemployment rate dipped in February
Michigan’s employment picture brightened a bit in February.
The Michigan Department of Technology, Management & Budget says the state’s jobless rate dipped slightly in February, down one tenth of one percent, to 8.8%. Michigan's unemployment rate has been declining since last August.
In real numbers, total employment increased by 15,000 jobs over the month while the number of unemployed declined slightly by 3,000.
The retail, education & health and professional sectors all posted slight gains. While it was flat in February, the manufacturing sector posted the largest year over year gains in Michigan. Jobs continue to be scarce for those looking for work in the construction and government sectors.
Michigan’s jobless rate has been declining since August, though the state’s unemployment rate remains a full percentage point higher than the national jobless rate.