FOR IMMEDIATE RELEASE April 20, 2023 Contact: [email protected]
Gov. Whitmer Statement on Strong Monthly Jobs Report Unemployment decreases to 4.1%, labor force increases by 10,000 last month, 75,000 jobs added YoY
LANSING, Mich. — Governor Gretchen Whitmer issued the following statement after the release of the latest economic numbers showing the unemployment rate fell to 4.1% in March and the labor force increased by 10,000. Michigan’s economy added 75,000 jobs year over year, the labor force participation rate increased, and the 12-month average Black unemployment rate was cut nearly in half since last March.
“Michigan’s economic momentum continues to build with lower unemployment and 75,000 Michigan jobs added year over year.
“In the first 100 days of this year, with a productive majority in Lansing, we have taken action to lower costs, create good-paying American manufacturing jobs, and spur economic development in every region.
“Together we rolled back the retirement tax on our seniors, which will save half a million households an average of $1,000 a year. We quintupled the Working Families Tax Credit, putting a combined $3,150 refund in the pockets of 700,000 working families. We won a $3.5 billion project from Ford creating 2,500 manufacturing jobs. We have more manufacturing projects in the pipeline that we need to rally behind so we can bring more jobs home and help more people get back to work. We have also made record investments to build more housing and fund community revitalization projects across Michigan, powering small business growth and lowering housing costs.
“Let’s build on our momentum in the months ahead and enact another balanced budget that delivers on the kitchen-table issues and lower costs for families.” |