More People Looking for Jobs and Fewer People Not Finding Them
Michigan's solid employment growth
Michigan’s non-farm employment reached 4.3 million in January 2016, according to the U.S. Bureau of Labor Statistics, up from a low of 3.8 million in 2010. The total number of people in the state’s workforce – those working or actively looking for work – was 4.797 million in January, a figure that has risen for seven consecutive months. The number looking for work is the highest since 2010, even as the unemployment rate has fallen to 4.9 percent.
ForTheRecord says: It appears many formerly discouraged workers are back, both looking for and finding jobs. One definition of a healthy state economy is when employment is growing even as more people are looking for jobs.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.