Michigan unemployment continues to drop
LANSING— Michigan’s seasonally adjusted unemployment rate fell to its lowest level in nearly four years in March when the state recorded an unemployment rate of 8.5 percent, state officials said Wednesday.
The March rate of 8.5 percent was 0.3 percentage point lower than the February rate of 8.8 percent, and it was a full percentage points lower than the March 2011 rate of 10.5 percent, said officials with the Michigan Department of Technology, Management and Budget.
And the total number of people reported being without work fell to 397,000, down 12,000 from February and down 96,000 from March 2011.
The unemployment rate also fell to 9.4 percent in the Detroit-Warren-Livonia market from 9.8 percent in February. In March 2011, the local unemployment rate stood at 11.7 percent.
“This is more good news for Michigan,” said Brandenburg, R-Harrison Township. “The reforms that the Legislature put in place are having consistent positive effects across Michigan. We still have a ways to go, but the end result will be a more effective and efficient Michigan.”