Michigan's jobless rate fell to 14.7 percent in November, dropping from 15.1 percent in October.
The rate, released this afternoon, "remains high but has stabilized, and has recorded two consecutive months of modest reductions” said Rick Waclawek, director of DELEG’s Bureau of Labor Market Information and Strategic Initiatives, in a news release.
However, the number of payroll jobs in Michigan continues to fall, with drops in that number recorded in 9 months this year. Michigan’s work force has fallen by 54,000 or 1.1 percent since November 2008, according to the DELEG.
The unemployment rate was the lowest recorded in Michigan since May, according to state officials.
The state’s 2009 year-to-date average unemployment rate through November was 14.0 percent, compared to 8.4 percent in 2008.
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