Michigan's jobless rate at lowest point since 2008

8:58 pm
Wed April 17, 2013

Michigan's jobless rate at lowest point since 2008

Lead in text: 
Michigan jobless rate was 9% in March of last year. The national jobless rate was 7.6% last month
Michigan's unemployment rate took a healthy drop in March to 8.5%, down three-tenths of a percentage point as the state's labor force expanded slightly. More new workers were recorded than unemployed people, meaning the drop was due to actual gains in employment, not simply discouraged workers leaving the workforce, according to the Michigan Department of Technology, Management & Budget.