Michigan’s unemployment falls to 4.5 percent, lowest since January 2001

LANSING – Governor Rick Snyder issued the following statement last week after the announcement that the state’s seasonally adjusted unemployment rate for July fell to 4.5 percent, its lowest point since January 2001.

“In Michigan, we lost 766,000 jobs between 2001 and 2010. But in the past five and a half years, we have reinvented our state, creating more than 475,000 private sector jobs and decreasing Michigan’s unemployment rate to its lowest point in 15 years. That means more than 475,000 Michigan lives have changed for the better and that’s something to be proud of.

“But as I continue to meet with and listen to residents, business owners, and community leaders this week in Michigan’s Upper Peninsula, I know that demanding challenges remain. We have to strengthen our infrastructure, ensure access to reliable and affordable energy, and continue efforts to build a talented workforce. By addressing our most significant issues, we can ensure that every community has an opportunity to be part of our remarkable comeback.”

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