April 21, 2024 2:52 am
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As Michigan Unemployment Stays Steady, Jobs Increase

Credit: iStock

Staff Writer

The Bureau of Labor Statistics released a report on Tuesday, January 24 with preliminary unemployment and jobs data from December. According to the report, the national unemployment rate dropped to 3.5 percent in December, down 0.1 percent from the previous month. 

In December, the Michigan unemployment rate stayed steady at 4.3 percent, the same rate as November. Additionally, the state added 2,200 new nonfarm jobs with some of the largest increases coming from the construction, trade, professional, and education and health sectors. 

The full Bureau of Labor Statistics report can be found here.

A Shrinking Job Market- State of Employment in MI

Data from the U.S. The Bureau of Labor Statistics provides insight into the scope of employment in Michigan. With information from as recently as January, 2024, we can compare Michigan’s employment turnover data with that of other states to get a better picture of how things stand here in the Great Lakes State.