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The unemployment rate for young adults with new degrees is higher than the rate for all workers, according to the New York Fed. Is AI the problem, or is it more complicated?
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Michigan teens are having a harder time securing entry-level jobs due to an increase in demand and population changes
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Michigan’s jobs picture remained stable in May as the unemployment rate rose slightly to 5.1%.
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The revised number shows Michigan essentially held steady in 2025, instead of showing likely job gains in the early wave of data collected.
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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.
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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.
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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.
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While the number of payroll jobs remained steady, the unemployment percentage was affected by about 14,000 fewer people holding or seeking jobs.
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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.
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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.