Michigan's jobless rate inches up
Michigan’s unemployment rate ticked up last month.
The number of people with jobs increased in Michigan in November (up 11,000). But so did the number of people without jobs (up 6,000).
The result of an expanding workforce is a one-tenth of one percent increase in the state jobless rate to 4.6%.
It’s the fourth straight monthly increase. However, last month’s unemployment rate was still a half percentage point lower than November 2016.
“Payroll jobs advanced in November with hiring in professional and business services and leisure and hospitality services,” says Jason Palmer, director of the Bureau of Labor Market Information and Strategic Initiatives.
Since August, the state’s workforce grew by 42,000 or 0.9%.