Michigan's April Jobless Rate Edges Down
FOX 47 News
LANSING--Michigan's seasonally adjusted unemployment rate edged down in April by one-tenth of a percentage point to eight point four percent, according to data released today by the Michigan Department of Technology, Management & Budget (DTMB).
Total employment rose by nineteen thousand over the month, while the number of unemployed declined by five thousand. The net result was a twelve thousand dollar advance in the state's labor force in April.
The Michigan jobless rate in April 2013 was seven-tenths of a percentage point below the state's April 2012 rate of nine point one percent. The national jobless rate decreased by six-tenths of a percentage point over this period. The state's unemployment rate in April was nine-tenths of a percentage point above the national rate of seven point five percent. The U.S. jobless rate also inched downward over the month by one-tenth of a percentage point.
"Michigan labor market indicators were relatively unchanged in April," said Michael Williams, Acting Director of the Bureau of Labor Market Information and Strategic Initiatives. "However, the number of unemployed in Michigan has declined for three consecutive months."