MI Jobless Rate Almost at 11% and Climbing
MI Jobless Rate Hits Levels Not Seen Since 1984
Michigan hit double-digit unemployment last month, the highest monthly rate since 1984.
The December jobless rate jumped to 10.6 percent, a full percentage point increase from November, according to monthly data released Wednesday by the state Department of Energy, Labor & Economic Growth.
Michigan lost 59,000 jobs — with cuts across all sectors of the economy — in December, the highest monthly total for the year, as the state’s wobbly manufacturing base collided with a flat-lined national economy.