Michigan Unemployment Goes Up

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unemployment-16

Michigan’s unemployment rate rose to 4.9% in November, marking the first month this year the state’s jobless rate was above
the national rate. The Michigan Department of Technology, Management & Budget said Wednesday the rate was up from 4.7% in October and above the national November rate of  4.6%. Michigan seasonally adjusted jobless rate increased for the third time in three months in November, but was below November 2015’s rate of 5.1%. Bureau of Labor Market Information and Strategic Initiatives Director Jason Palmer says the unemployment increase is due to a “sizeable entry” of people into the workforce. He says most have found jobs. From November 2015 to this November, total employment rose in Michigan by 2.5% while the state’s workforce grew by 2.3%.