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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.
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The Michigan monthly jobs report released Wednesday shows the state’s unemployment rate dropped by one-tenth of a percentage point to 5.4%.
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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.
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Consumer sentiment hit an eight-month low, thanks to the looming threat of tariffs and climbing prices.
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Jobless workers will be able to collect unemployment benefits for a little more than six months under bills signed Monday by Governor Gretchen Whitmer.
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Michigan residents could see their unemployment benefits grow under bills that passed the state Senate Thursday.
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The Michigan Department of Technology, Management, and Budget released October jobs data Thursday, showing Michigan’s jobless rate last month ticked up to 4.7%.
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Michigan’s jobless rate ticked up in August to 4.5% percent. This is the third month in a row the state unemployment rate has bumped up.