State unemployment rate down in June
LANSING, MI— Michigan’s seasonally adjusted jobless rate decreased by one-tenth of a percentage point to 3.6 percent during June.
That’s according to data released Thursday by the Department of Technology, Management & Budget. Total employment increased by 26,000, while unemployment edged down by 3,000, resulting in a labor force gain of 23,000 over the month.
The national unemployment rate inched down by one-tenth of a percentage point to 3.6 percent between May and June. For the second consecutive month, Michigan’s jobless rate matched the national rate.
The U.S. unemployment rate was unchanged at 3-point-6 percent over the year, while Michigan’s rate receded by four-tenths of a percentage point since June 2022.