News Story

Michigan Has Added a Whole Miami Worth of Jobs Since Peak Recession

In June of 2009, Michigan’s unemployment rate hit 14.6 percent. That was the peak of the Great Recession. In June of 2018, the state’s unemployment rate was 4.5 percent, more than 10 percentage points lower than nine years earlier.

The state had 4.7 million people employed as of June 2018. That’s about 460,000 more people employed than in June of 2009. That's about the same amount of people who live in the city of Miami.

 

Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.