Unemployment in the U.P. Up Slightly, But Down From Last Year At This Time…
The U.P. jobless rate was up by 0.6 percentage points from 6.6% in January 2022. The 7.2% rate is a sharp increase, however according to the labor market information director of the michigan Center for Data and Analytics said the increases in unemployment rates across the state were typical, and the data is not seasonally adjusted. Across Michigan, the largest over the month employment losses were in trade, transportation and utilities; government; and professional and business services. The statewide unemployment rate in January was 4.8%, up from 3.8% in December but down from 5% a year ago.