Michigan unemployment rate falls to 4.6 percent in May
June 13, 2018
LANSING, Mich. (AP) - Michigan's unemployment rate fell to 4.6 percent in May, its lowest level since the same percentage was recorded last August.
Figures released Wednesday by the Michigan Department of Technology, Management & Budget show Michigan's jobless rate was eight-tenths of a percentage point above the national rate of 3.8 percent last month and two-tenths of a percentage point higher than the state's May 2017 rate of 4.4 percent.
The agency says total employment increased by 10,000 during the month and the number of unemployed in Michigan fell by 5,000.
Bureau of Labor Market Information and Strategic Initiatives Director Jason Palmer says that following a sluggish April, payroll jobs in Michigan rebounded during May to reach their highest level this year at 4.91 million.