Michigan unemployment rate steady at 5 percent

LANSING (AP) - The state says Michigan's seasonally adjusted unemployment is remaining steady. The Michigan Department of Technology, Management & Budget announced Wednesday that it was 5 percent in October, unchanged from September and equal to the national rate. Jason Palmer, director of the Bureau of Labor Market Information and Strategic Initiatives, says in a statement that: "With 10 months in the books, 2015 is turning out to be a positive year for the Michigan labor market." In October 2014, the rate was 6.6 percent. The number of jobs in Michigan grew by 9,000 in October from the previous month, while the number of unemployed edged up by 3,000. The state reports that the figures showed that there was a net gain of 13,000 people to the state workforce. Published: Fri, Nov 20, 2015