The state’s unemployment has dropped to 4.7-percent, making it the lowest it has been since March 2001.
In June of 2009, the unemployment peaked at 14.9-percent, which was the highest in the nation, according to a release. Now, Michigan has seen the largest unemployment drop in the country.
“With this positive jobs report, the fiscal year 2017 budget completed and legislation in place to help improve education in Detroit, it’s clear that Michigan is moving in the right direction,” said Gov. Rick Snyder. “Now, it’s time to build on that momentum. There is more to do to fulfill our goal of a brighter future for all Michiganders.
“We’re making significant investments in Flint, Detroit’s schools, K-12 education, skilled trades and other critical areas that will help continue our comeback. We will keep moving forward so that Michigan’s reinvention can continue long into the future.”