Economy

Economy
9:05 am
Mon March 23, 2015

Gas prices up sharply

DEARBORN, MI (AP)--   AAA Michigan reports statewide gas prices have increased by about 20 cents a gallon within the past week. 

The auto club says the average price per gallon of self-serve regular unleaded gasoline was about $2.48 on Sunday. That's about $1.14 less than it was a year ago.

Dearborn-based AAA Michigan surveys daily fuel costs at 2,800 Michigan gas stations. It says the cheapest price was about $2.45 a gallon in the Marquette area, while the highest price was about $2.56 a gallon in the Traverse City area.

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Economy
8:58 am
Fri March 20, 2015

Annual changes hike MI unemployment

LANSING, MI (AP)--   The state says Michigan's seasonally unadjusted unemployment rate rose a full

percentage point to 6.6 percent in January, largely because of normal annual changes in the job market.

The Michigan Department of Technology, Management & Budget released regional employment figures Thursday. January's jobless rate is down 1.8 percentage points from 8.4 percent one year earlier.

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Economy
8:39 am
Fri March 20, 2015

Job growth in WI slow

MADISON, WI (AP)--   Wisconsin's private-sector job growth is half the national average, ranking 38th in the most recent 12-month reporting period.  

The U.S. Bureau of Labor Statistics reported Thursday that private sector jobs grew 1.16 percent in Wisconsin for the 12-month period from September 2013 through September 2014. The national growth rate was twice as high at 2.3 percent.

Wisconsin has been behind the national average since July 2011.

The quarterly jobs report shows Wisconsin added 27,491 jobs during the most recent period.

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Economy
7:28 am
Mon March 16, 2015

Gas prices decline slightly

DEARBORN, MI (AP)--   Triple A Michigan reports statewide gas prices have decreased by about 2 cents a gallon within the past week.  

The auto club says the average price per gallon of self-serve regular unleaded gasoline was about $2.28 on Sunday. That's about $1.47 less than it was a year ago.

It marks the second consecutive week the statewide average has decreased.

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Economy
9:22 am
Thu March 12, 2015

Joblessness down a smidge in MI

LANSING, MI (AP)--   The state says Michigan's seasonally adjusted unemployment rate was 6.3 percent in January, little changed over one month but part of an overall steady decline. 

The state Department of Technology, Management & Budget announced January's job figures on Wednesday. The rate compares with December's 6.4 percent, which was revised down by one-tenth of a percentage point.

Michigan's unemployment rate still tops the national rate, which was 5.7 percent in January.

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