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Michigan jobless rate continues to decline

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While Michigan’s jobless rate is well below the state’s pandemic highs, the state’s unemployment rate is still more than one percentage point above the pre-pandemic low of 3.8% in February, 2020.

Michigan’s jobless numbers edged lower in January.

The Michigan Department of Technology, Management and Budget says January’s unemployment rate declined by two-tenths of a percentage point to 4.9%. Michigan’s January jobless rate was nearly a full percentage point above the national rate of 4%.

The state has added 217,000 jobs in the past year.

Governor Gretchen Whitmer says the latest economic data shows “Michigan’s economy is growing, and unemployment is decreasing faster than almost every other state.”

While Michigan’s jobless rate is well below the state’s pandemic highs, the state’s unemployment rate is still more than one percentage point above the pre-pandemic low of 3.8% in February, 2020.

Steve Carmody has been a reporter for Michigan Radio since 2005. Steve previously worked at public radio and television stations in Florida, Oklahoma and Kentucky, and also has extensive experience in commercial broadcasting.