Unemployment Rate – Michigan

Unemployment rate in Michigan dips to 13.2%, By John Gallagher, July 15, 2010, Detroit Free Press: “Michigan’s unemployment rate dropped in June to 13.2%, a sign that economic recovery was slowly taking hold. The four-tenths-of-a-percentage-point decline from May’s 13.6% rate marked the latest improvement since Michigan’s unemployment peaked at 14.5% in December 2009. But the overall gains remained modest. Employers added a net 3,000 new jobs to the state’s roughly 4 million jobs during June. On a brighter note, manufacturing employment was up 30,000 jobs over the depressed levels of mid-2009, thanks to slowly improving automotive sales…”