MI Unemployment Down, But Jobs Level

Statewide Michigan Unemployment figures are released Wednesday by the Department of Energy, Labor, and Economic Growth.
Michigan's unemployment rate has gone down t-tenths a percentage point from November to December of 2010.
December 2010 : 11.7%
November 2010 : 12.4%
December 2009 : 14.5%

"The drop in the state's December jobless rate primarily reflected a reduction in the number of unemployed individuals seeking jobs. Employment levels in Michigan have been flat since the summer," said Rick Waclawek, director of DELEG's Bureau of Labor Market Information and Strategic Initiatives. "Overall in 2010, Michigan's labor market stabilized after one of the worst labor market years on record in 2009."

Monthly Labor Force Trends & Highlights
- Michigan's jobless rate declined in December for the fourth consecutive month. The rate fell for 10 of the last 12 months, and remained unchanged in March and August.
- Michigan's December unemployment rate was the state's lowest since the January 2009 rate of 11.3 percent.
- The state's total employment level has changed little since July. This is in contrast to the first half of the year when total employment rose steadily.
- During the second half of 2010, reductions in the number of unemployed have been primarily due to fewer state residents seeking jobs. Labor force levels have dropped steadily since May.
- From December 2009 to December 2010, the number of unemployed in Michigan fell by 20.6 percent. Unemployment nationally declined by 4.8 percent over the same period.

SOURCE: Michigan Dept. of Labor, Energy & Economic Growth.

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