Michigan Economy: The Ship is Turning Around

For years, Michigan suffered the highest unemployment rate in the nation. But in November, the state enjoyed the biggest improvement in its jobless rate of any of the 50 states.

With Michigan's rate dropping to 9.8% in November from 10.6% the previous month, the state posted the steepest drop in its rate in the nation, the U.S. Bureau of Labor Statistics reported Tuesday. Moreover, Michigan now posts a lower jobless rate than nine other states.

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