Unemployment rate edges up
Written by Jesse Baroka on November 18, 2022
LANSING - Michigan’s unemployment rate edged up slightly in October. State data released yesterday shows the rate increased from 4.1% in September to 4.2% in October. The U.S. unemployment rate rose from 3.5% in September to 3.7% in October. Statewide employment dropped by 10,000. Total unemployment increased by 4,000 over the month. That results in a workforce reduction of 6,000 since September.
