The state’s seasonal adjusted unemployment rate for June fell to 4.6-percent, which is the lowest it has been since February of 2001.
“Today’s drop in the unemployment rate marks another milestone on Michigan’s comeback path. At 4.6 percent, our unemployment rate has now fallen by more than 10 percent since its peak in 2009,” Snyder said in a statement. “We continue to move in the right direction, but we recognize there is more to do to ensure Michigan’s comeback lasts.”
Since December of 2010, more than 466,000 jobs have been created in Michigan, according to the release.
“We have 900 days left of this administration, and I promise to keep working hard to find long-term solutions to Michigan’s most demanding challenges,” Snyder said. “By focusing on creating more and better jobs, developing high-skilled talent, improving our education system, and addressing our most significant issues, our state can be an even better place for every Michigander to call home.”