Saturday, Jul 02, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Business

Michigan unemployment rate jumps 1.1% to 15.2%

LANSING, Mich. Michigan s already high unemployment rate jumped 1.1 percent in June, hitting 15.2 percent.

State officials say the latest jobless rate was 7.1 percentage points above the state s June 2008 rate of 8.1 percent.

Rick Waclawek of the Bureau of Labor Market Information and Strategic Initiatives said Wednesday that a large drop in manufacturing jobs caused by restructuring in the auto industry accounted for much of the rise.

General Motors and Chrysler shed jobs as they went through bankruptcy.

The national unemployment rate in June was 9.5 percent. Ohio's June rate will be released Friday.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…