the republic logo

Michigan unemployment rate drops 0.2 percentage points to 7.2 percent, lowest since March 2008

bug
Share/Save/Bookmark

LANSING, Michigan — Michigan's unemployment rate dropped 0.2 percentage points to 7.2 percent in September, the lowest jobless rate since March 2008.

The state Department of Technology, Management & Budget said Wednesday the seasonally adjusted rate is down 1.6 percentage points from a year ago, when it was 8.8 percent. Last month's unemployment rate was 1.3 points above the national average, which also declined 0.2 points in September.

The labor force grew by 3,000 and employment was up 9,000. Total employment of roughly 4.4 million had been flat but saw gains in the last two months.

The state says 348,000 residents were unemployed but actively seeking work in September.

Think your friends should see this? Share it with them!

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Places:

 

Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.