July 19, 2017 02:22 PM
LANSING, Mich. (AP) - Michigan's unemployment rate fell to 3.8 percent during June while the number of people in the workforce continued to decline.
The Michigan Department of Technology, Management & Budget announced Wednesday the June rate compared to a rate of 4.2 percent during May and was a full percentage point lower than the June 2016 rate of 4.8 percent. The national rate in June was 4.4 percent.
The agency says Michigan's workforce shrunk by 29,000 during June. The number of unemployed workers fell by 20,000 and total employment declined by 9,000.
Bureau of Labor Market Information and Strategic Initiatives Director Jason Palmer says the June decline in the unemployment rate reflected a second consecutive month of a reduced labor force after several months of steady workforce growth in 2016 and early 2017.
Created: July 19, 2017 02:22 PM
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