MI June jobless rate unchanged to 4.2 percent
Michigan’s official monthly jobless rate was unchanged in June at four-point-two percent.
The numbers come from the Michigan Department of Technology, Management, and Budget. And those numbers show the number of unemployed people went up last month. But that was largely offset by how many people joined or rejoined the workforce with the hope of finding a job.
Employment in the manufacturing sector bumped up slightly as factory workers were recalled from layoffs. The leisure-and-hospitality sector showed the biggest jobs gains from this time last year.
Michigan still lags behind the national rate of employment increases, even though economists consider numbers like these to be statistically at or near full employment.