Michigan's jobless rate remains steady
Thu, 20 Jun 2013 09:05:23 GMT —
The latest unemployment numbers in Michigan show a rate of 8.4 percent, which remained steady from the previous month.
Michiganâ??s seasonally adjusted unemployment rate in May was flat over the month, according to data released by the Michigan Department of Technology, Management & Budget (DTMB).
Total employment rose by 24,000 over the month as Michiganâ??s labor force advanced by 28,000. The number of unemployed in the state edged upward in May by 4,000.
The rate dropped 0.8 percentage points from May 2012, when it stood at 9.2 percent.
Michigan's jobless rate remains higher than the nation's May rate of 7.6 percent, which was up from 7.5 percent in April.
For industry trends and highlights; Since May 2012, payroll jobs in Michigan increased by 47,000 or 1.2 percent. Manufacturing (+17,000) continued to report the largest over-the-year job gain followed by leisure and hospitality services (+14,000), education and health services (+9,000), and professional and business services (+8,000).
The department says total Michigan employment rose 24,000 in May to 4.303 million, while the labor force rose by 28,000 to 4.698 million. The state says 395,000 people were unemployed and seeking work in May.
To read the full jobs report
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