Editorial: Hopefully state unemployment numbers continue downward path
Six years is a long time.
Putting things in perspective, six years ago Barack Obama was just being elected as president in November and one month later, the Detroit Lions set a National Football League record for finishing with a 0-16 record.
In March, Michigan’s seasonally adjusted unemployment rate fell to 7.5 percent, the lowest such rate in the state since April of 2008 – six years ago.
The news certainly is welcomed, and certainly is worth acknowledging.
“Getting Michiganders back to work has been my focus since I came to Lansing,” Gov. Rick Snyder said of the March figures. “Today’s numbers are further evidence that our state’s economy is turning around and the Michigan comeback is well under way.”
Michael Finney, Michigan Economic Development Corp. president, said total employment in Michigan rose by 19,000 in March, while the number of unemployed decreased by 8,000.
March marked the seventh consecutive month of declining unemployment rates in Michigan.
Rightly so, Gov. Snyder is pleased with that accomplishment. Look for that to be the focal point of re-election efforts for both him and statewide Republican legislators.
“We’ve created opportunities for Michiganders by setting the environment for businesses to grow and thrive” Snyder said. “We’ve built a rock-solid foundation and I’m confident we can continue to build upon it.”
We hope that optimism is warranted, and look forward to it continuing.
A healthy state economy is important for all of us.