Insider Intelligence

According to numbers released by the Department of Technology, Management, and Budget, the seasonally adjusted unemployment rate last month was 5.3%.  The rate is 0.1% higher than the prior month and 0.3% higher than February 2016.  The increased rate is being attributed to more workers entering the market.  Year-to-year total employment growth increased by 1.8% […]

According to numbers released this week by the Department of Technology, Management, and Budget, Michigan’s seasonally adjusted unemployment rate in January increased by one-tenth of a percentage point to 5.2%.  The state’s workforce increased by 24,000 during the month, total employment increased by 18,000, and the number of unemployed increased by 6,000.  During January, the […]

According to numbers released this week by the Department of Technology, Management, and Budget, Michigan’s seasonally adjusted unemployment rate in December increased by one-tenth of a percentage point to 5.0%.  During the month, the workforce grew by 14,000, as total employment grew by 9,000 and the number of unemployed increased by 5,000.  While the month-to-month […]

According to numbers released this week by the Department of Technology, Management, and Budget, the state’s seasonally adjusted rate for November 2016 increased by two-tenths of a percentage point.  November’s rate of 4.9% was two-tenths of a percentage point below the rate from the prior year.  Last month, the workforce increased by 28,000, total employment […]

According to numbers released this week by the Department of Technology, Management, and Budget, Michigan’s October unemployment rate was 4.7%, an increase of one-tenth of a percentage point from the prior month.  While the month-to-month rate increased, the rate was four-tenths of a percentage point lower than the October 2015 rate.  During the month of […]

During September, the state’s unemployment rate increased for the first time in 2016.  Last month the seasonally adjusted unemployment was 4.6%, an increase of one-tenth of a percentage point from the prior month.  During September, employment increased by 11,000, while the number of unemployed increased by 4,000.  The September 2016 rate is half a percentage […]

According to numbers released this week by the Department of Technology, Management, and Budget, Michigan’s seasonally adjusted unemployment rate last month was 4.5%.  The rate remains unchanged from July and is six-tenths of a percentage point lower than the prior year.  During August 2016, the state’s labor force declined by 5,000, while total employment declined […]

July 2016’s seasonally adjusted unemployment rate was 4.5%, a decrease of one-tenth of a percentage point from the prior month and seven-tenths of a percentage point lower than the prior year.  Additionally, Michigan’s rate for the month is four-tenths of a percentage point lower than the national unemployment rate.  Last month’s rate is the lowest […]