Analysts say Michigan’s job market improved in March–
The state’s seasonally adjusted jobless rate for was 4.1-percent, which was down from 4.3 percent the previous month–
That’s according to data released Thursday by the Michigan Department of Technology, Management & Budget.
Wayne Rourke of the Bureau of Labor Market Information said the number of payroll jobs rose in the state for the fifth consecutive month.
He said the job market moved in a positive direction for the first quarter of 2023.
The national unemployment rate fell one-tenth of a percent in March–(down to 3.5-percent.)
Hillsdale County posted a 5.1-percent jobless rate in February.
The most recent local rate is expected to be released in the coming weeks.