Michigan’s Statewide Unemployment Rate Down In January
By: Mike Stiles - Friday, March 8, 2024

(photo courtesy of Michigan Department of Technology Management and Budget)

(LANSING) – The State of Michigan’s adjusted jobless rate went down slightly from December to January.

According to information released by the Michigan Center For Data And Analytics, the State’s unemployment dropped from 4.1% in December to an even 4% in January. Employment in Michigan rose by 6,000 and unemployment fell by 5,000.

The January Statewide labor force participation rate remained unchanged from December to January at 62.3%. In addition, Michigan’s employment-population rate advanced by one-tenth of a percentage point to 59.8% during January.

Wayne Rourke, the Labor Market Information Director for Michigan’s Center For Data And Analytics, says the State’s labor market remained stable in January with nearly unchanged workforce over the month. Rourke says seasonally adjusted payroll jobs fell slightly during January.

Michigan’s January jobless rate was above the National rate of 3.7%.


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