Michigan unemployment rate stays at 5.0% for fifth straight month
Updated
Updated · Alpena News · Apr 30
Michigan unemployment rate stays at 5.0% for fifth straight month
10 articles · Updated · Alpena News · Apr 30
In March, employment fell by 13,000, the labour force by 14,000, and participation slipped to 60.3%, while Detroit metro unemployment edged up to 5.2%.
Michigan added 5,000 nonfarm jobs, led by professional and business services and leisure and hospitality, but trade, transportation and utilities extended losses and first-quarter industry employment was slightly down.
The state's rate was 0.7 percentage points above the US jobless rate of 4.3%, though Michigan unemployment was down 0.3 points from a year earlier and the number unemployed fell 6%.
Michigan's unemployment is stable as its workforce shrinks. Is the state's economy facing a hidden crisis?
Detroit's workforce is growing while the state's declines. What is the city's secret to bucking the trend?
As manufacturing jobs vanish, can new tech industries truly replace Michigan's economic backbone?