Michigan unemployment rate drops to 5.1 percent, lowest point in 14 years

LANSING, Mich. (AP) — Michigan’s unemployment rate dropped to 5.1 percent in August, its lowest point in 14 years.

The seasonally adjusted jobless rate fell two-tenths of a percentage point last month.

The Michigan Department of Technology, Management & Budget says Wednesday that total employment rose by 8,000 in August while the number of unemployed declined by 7,000.

The U.S. jobless rate also decreased by two-tenths of a percentage point from July to August.

Michigan’s current workforce and employment levels are more than 350,000 below totals recorded in 2001.

Related posts

Local News podcast for Tuesday, April 16, 2024

Jon Zimney

MIWorks adding hours in Galien

Tommie Lee

Michigan Democrats hoping for a big day on Tuesday

Tommie Lee