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Slight Increase in Michigan's Jobless Rate in May

 
Slight Increase in Michigan's Jobless Rate in May
Posted Wednesday, June 18th 2014 @ 2pm  by The Associated Press

The state says Michigan's seasonally adjusted unemployment rate rose slightly in the latest month to 7.5 percent.

The Michigan Department of Technology, Management & Budget said today May's jobless rate was up from 7.4 percent in April, when it hit the lowest level in six years. The national rate for May was 6.3 percent, unchanged from April. Michigan's jobless rate stood at 8.9 percent in May 2013.

The state says the labor force expended by 3,000 to 4.743 million in May, and the number of people working grew by 1,000 to 4.389 million. It says 354,000 people were unemployed but actively seeking work, 2,000 higher than in April.

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