Observation:
Q3 2024: 4.2 (+ more) Updated: Oct 28, 2024 1:16 PM CDTQ3 2024: | 4.2 | |
Q2 2024: | 3.9 | |
Q1 2024: | 3.7 | |
Q4 2023: | 3.9 | |
Q3 2023: | 3.9 | |
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Units:
Percent, 4-Quarter Moving Average,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Alternative Measures of Labor Underutilization for States
Units: Percent, 4-Quarter Moving Average, Not Seasonally Adjusted
Frequency: Quarterly
U-3 unemployment rate, as defined by the Bureau of Labor Statistics (BLS)
U.S. Bureau of Labor Statistics, Total Unemployed, as a Percent of the Civilian Labor Force for Michigan [U3UNEM3MI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/U3UNEM3MI, .