Lansing - Michigan's seasonally adjusted unemployment rate edged down in April by one-tenth of a percentage point to 8.4 percent, according to data released today by the Michigan Department of Technology, Management & Budget (DTMB). Total employment rose by 19,000 over the month while the number of unemployed declined by 5,000. The net result was a 12,000 advance in the state's labor force in April.
The Michigan jobless rate in April 2013 was seven-tenths of a percentage point below the state's April 2012 rate of 9.1 percent. The national jobless rate decreased by six-tenths of a percentage point over this period. The state's unemployment rate in April was nine-tenths of a percentage point above the national rate of 7.5 percent. The U.S. jobless rate also inched downward over the month by one-tenth of a percentage point.
"Michigan labor market indicators were relatively unchanged in April," said Michael Williams, acting director of the Bureau of Labor Market Information and Strategic Initiatives. "However, the number of unemployed in Michigan has declined for three consecutive months."
SOURCE: Michigan Department of Technology, Management, and Budget.