Michigan jobless rate flat during October
Michigan’s jobless rate remained flat for October at an even 5 percent, according to data released Wednesday by the Michigan Department of Technology, Management & Budget.
Total employment — including independent contractors and the self-employed — rose by 9,000 while the number of men and women without jobs increased 3,000, for a net gain of 13,000 people to the state workforce.
“With 10 months in the books, 2015 is turning out to be a positive year for the Michigan labor market,” Jason Palmer, director of the Bureau of Labor Market Information and Strategic Initiatives, said in a statement. “Payroll job growth has been solid and the unemployment rate has fallen significantly.”
A more positive number came in non-farm payroll jobs, which showed 14,000 more Michigan workers gaining jobs and paychecks during October.
The October rate is 1.6 percentage points lower than October 2014, when the jobless rate was 6.6 percent.