April 20, 2007

Michigan unemployment rate slips to 6.5 percent in March

Grand Haven Tribune:
"Michigan's unemployment rate dropped in March for the third month in a row to 6.5 percent, the lowest since October 2005.

It remains significantly higher than the national rate, which declined to 4.4 percent in March. But the state rate is down from February's rate of 6.6 percent and from the March 2006 rate of 6.8 percent.

'Although little changed over the month, Michigan's unemployment rate has been trending downward in early 2007,' said Rick Waclawek, director of the state Department of Labor and Economic Growth's Bureau of Labor Market Information and Strategic Initiatives."

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