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Michigan jobless rate unchanged during April

Summary by Moody on the Market
Michigan’s seasonally adjusted unemployment rate was steady over the month, remaining at 5.5 percent, according to data released today by the Michigan Department of Technology, Management & Budget. Employment edged down by 2,000 over the month and the number of unemployed people fell by 1,000, resulting in a workforce decline of 4,000 during April. “Michigan added 11,000 payroll jobs in April with increases across several major sectors,” said Wa…
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Moody on the Market broke the news in on Thursday, May 15, 2025.
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