unemployment

A one-tenth of a percentage point decrease in Michigan's unemployment rate over two months might seem like good news, but experts say Michigan's economy is growing slowly.

Benefits for unemployed workers in Michigan will increase again to as much as $530 a week as part of step-wise increases in jobless benefits under a law signed last year.

Economic data such as unemployment information is important data information for government and business. The federal government shutdown has prevented economic data from being released.

While the number of payroll jobs remained steady, the unemployment percentage was affected by about 14,000 fewer people holding or seeking jobs.

Notices go out from the state this week to thousands of Michigan workers to let them know will have to start repaying improperly disbursed unemployment benefits.

Michigan’s July unemployment rate was 1.1 percentage point higher than the national rate. It is also half a percentage point higher than it was at this time a year ago.

The Michigan monthly jobs report released Wednesday shows the state’s unemployment rate dropped by one-tenth of a percentage point to 5.4%.

Michigan’s unemployment rate edged up in February by one-tenth of a percentage point to 5.4%, the Michigan Department of Technology, Management and Budget says.

Consumer sentiment hit an eight-month low, thanks to the looming threat of tariffs and climbing prices.

Jobless workers will be able to collect unemployment benefits for a little more than six months under bills signed Monday by Governor Gretchen Whitmer.