Thursday, September 20, 2012

MI jobless rate raises to 9.4 percent


Michigan authorities say the state's seasonally adjusted unemployment rate rose 0.4 percentage points in the latest month to 9.4 percent.

The Michigan Department of Technology, Management and Budget released the August jobless figures Wednesday. The nation's August unemployment rate was 8.1 percent, down from 8.3 percent in July.

The state's jobless has fallen 1 percentage point over 12 months from an August 2011 level of 10.4 percent. But it has risen for four straight months from April's 8.3 percent. Read more >>

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