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Michigan unemployment rate slightly dips to 14%

Updated : November 2nd, 2022

A slight drop in the unemployment rate of Michigan has given positive signals to the recovering economy. Even though it is just one tenth of a percentage improvement from the previous month’s unemployment rate, people have been getting their confidence in the economy.

Refer to Michigan unemployment benefits guide to learn more about state employment program.

The concern has been the labor markets. Mostly because of the troubled labor sector, the state has been the worst recession hit in the nation. The state has been at the top position with respect to the unemployment rate in the nation. The number of workers in Michigan has considerably reduced from 4.6 million to 3.8 million. But the slight drop in the unemployment rate of the state was due to the addition of about 6000 jobs in April. The job gains mostly came from retail trade, auto manufacturing, education and health services. And the job losses were in leisure and hospitality businesses, and professional and business services.

About four years back, Michigan had launched the 21st Century Jobs Fund to help the companies create more jobs. Some small companies who received loans from the fund say that the money has helped them sail through the recession. The fund was seen as one of the ways to help develop the economy. Of course, there has been some dissatisfaction about the funds going to only advanced manufacturing, alternative energy, life sciences and homeland security and defense.

You can check out the unemployment claims eligibility article  if you want to understand the unemployment claims better.

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  1. I am collecting a pension plus social security. My company I worked for relocated 120 miles away and is too far for me to drive everyday. So, they are telling me I have to resign. Am I eleigible for Unemployment Benefits in the state of Michigan?

    • Hi, Ron – you should definitely contact the Michigan unemployment office to discuss the specifics of your case. In general, you are considered eligible for unemployment when you lose a job through no fault of your own. Situations like layoffs or reductions in force are good examples, but if the state of Michigan determines that your company’s move is a sufficient reason, you may be found eligible for benefits – especially if your employer supports your claim.

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