The latest Regional and State Employment and Unemployment Summary from the Bureau of Labor Statistics shows that Michigan led the nation in having the steepest drop in unemployment over the last year.
Michigan had the highest unemployment rate in the nation for several years running but in the past year has seen the jobless rate fall a full 3 percent. No other state saw their unemployment rate drop more than 2.2 percent over that time.
One shouldn’t get too exuberant over that fact, since a good portion of that drop in unemployment was due to people exhausting their benefits and no longer being counted. But even with that, Michigan did see an increase of 79,000 new jobs in the state since March, 2010. That was third behind Texas and California, two states with much larger populations than Michigan that saw their unemployment rates drop less than one percent during that time.