UP jobless rate in August falls to 5%
IRON MOUNTAIN — The Upper Peninsula’s not seasonally adjusted unemployment rate dipped to 5% in August, down from 5.2% in July and 5.4% a year ago, according to data released by the Michigan Department of Technology, Management and Budget. DTMB data showed 6,700 unemployed in the U.P. in August, down by 300 from July. The size of the region’s civilian labor force fell to 133,100 in August, down by 800 over the month. Similar trends were observed across the state. “Michigan regional unemployment rate reductions were primarily influenced by workforce declines over the ...