Metro Detroit Unemployment Rate Drops To 4%
Up here at the Mackinac Policy Conference, business and political leaders may cheer the news that new data released today by the Bureau of Labor Statistics shows that the unemployment rate for Metro Detroit dropped to 4 percent in April. This is in line with the national trend, where non-seasonally adjusted unemployment rates were lower in April than a year earlier in 322 of the 388 metropolitan areas. The Detroit-Warren-Dearborn area saw a drop from 4.6 percent to 4 percent year over year f...