Michigan unemployment unchanged in December, still above national average
Michigan’s unemployment rate held steady in December, staying at 8.9 percent. Preliminary data from the Michigan Department of Technology, Management and Budget indicated that the annual jobless rate was also 8.9 percent, down from 10.3 percent in 2011, MLive reported.
AP Photo/Rick Bowmer
Michigan’s 2012 job gains primarily occurred in the first half of the year, according to a report from the Bureau of Labor Market Information and Strategic Initiatives.
Michigan’s employment rate grew by 0.7 percent between December 2011 and December 2012. That’s a slower rate than national employment, which grew by 1.7 percent. This is the third straight year Michigan has posted a decline in the annual unemployment rate.
Local area unemployment numbers for december will be available later in January. Ann Arbor's unemployment rate in November was 4.3 percent.
Ben Freed covers business for AnnArbor.com. You can sign up here to receive Business Review updates every week. Reach out to Ben at 734-623-2528 or email him at firstname.lastname@example.org. Follow him on twitter @BFreedinA2