Economy

WMUK

Unemployment rates in the Kalamazoo and Battle Creek labor markets were down in July compared to a year ago. 

WMUK

Michigan’s monthly jobless rate has dropped to 5.3 percent -- the lowest it’s been in 14 years, and it matches the national average. 

"KALAMAZOO, MI — People in Kalamazoo County are most concerned about poverty, homelessness and employment. Those were the three most significant social issues facing people who live in the county, according to responses in a recent Kalamazoo Community Foundation survey." (Kalamazoo Gazette)

"Comerica Bank’s Michigan Economic Activity Index improved in May at its best rate in more than a decade." (MiBiz)

"WASHINGTON — President Barack Obama today announced he will nominate Kathryn Dominguez, 54, an economics and public policy professor at the University of Michigan, to join the Board of Governors of the Federal Reserve System." (Detroit Free Press)

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