MI Jobless Rate Stable at 5.3% - WDET 101.9 FM
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MI jobless rate stable at 5.3% - WDET 101.9 FM
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 …
Michigan unemployment claims up; state's labor force shrinks
Michigan’s seasonally adjusted unemployment rate held at 5.3% in July as both employment and unemployment posted small declines, according to state labor officials.Figures released Friday by the Michigan Department of Technology, Management & Budget show employment falling by 5,000 and the number of unemployed residents edging down by 1,000 during the month. The state’s labor force decreased by 5,000 to 5,077,000, the lowest level since August 2…
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