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MI Jobless Rate Stable at 5.3% - WDET 101.9 FM

Summary by wdet.org
Michigan’s official monthly unemployment rate in July remained at 5.3%, which was unchanged from June.The number of unemployed people in Michigan decreased slightly by 1,000, according to the Michigan Center for Data and Analytics. But the labor force – people who are either working or looking for work – declined by about 5,000 people. These numbers are close enough that, on balance, they failed to move the unemployment rate.  “The unemployment …

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Moody on the Market broke the news in on Friday, August 15, 2025.
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