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Local Area Unemployment Statistics Update -
November 2011
The Bureau of Labor Statistics released local
area unemployment statistics for November 2011, and
Oakland County's jobless rate has dropped from 9.4%
in October to 8.1% in November. This was the largest
single month decline in the jobless rate since the
same period in 2010. Employment among the County's
residents increased by 1,168 while the labor force
declined by 7,480.
With a non-seasonally adjusted jobless rate of
8.1%, Oakland County now has a jobless rate lower
than the national rate (8.2% non-seasonally
adjusted) for the first time since April 2004 (at
that time, the County's jobless rate was 4.8%
compared to 5.4% nationally).
Local Area
Unemployment Statistics Update - November 2011
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