Michigan unemployment rate drops to lowest point since 2008

8:00 pm
Wed March 5, 2014

Michigan unemployment rate drops to lowest point since 2008

Lead in text: 
Jobless rate is a full percentage point lower than it was in January of last year
LANSING, MI -- Michigan's unemployment rate dropped to 7.8 percent in January, down from 8.3 percent in December. The numbers, released Wednesday by the Michigan Department of Technology, Management & Budget, are the lowest since May 2008. Total employment rose by 32,000 from December to January, according to the department, while the total number of unemployed declined by 20,000.