Michigan Jobless Rate Rises Very Slightly

LANSING (WWJ/AP) – The state says Michigan’s jobless rate rose 0.1 percentage points in June, the second consecutive monthly increase after a yearlong decline.

Michigan said Wednesday that June’s seasonally adjusted unemployment rate stood at 8.6 percent, compared with April’s 8.5 percent.

The Michigan jobless rate in June was 2 percentage points below the state’s June 2011 rate of 10.6 percent. The national jobless rate decreased by 0.9 percentage points over that period.

The state’s unemployment rate in June was 0.4 percentage points above the national rate of 8.2 percent.

“The state labor market displayed little change in June, and has been relatively stable through the first half of 2012,” said Rick Waclawek, director of the Bureau of Labor Market Information and Strategic Initiatives. “Job gains in Michigan were modest during the second quarter, which was similar to national trends.”

The state Department of Technology, Management and Budget says total employment declined statewide by 8,000 in June, while the number of unemployed increased by 7,000.

Get complete details at this link (.pdf format).

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)


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