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Report: Michigan's "Underutilized Labor" Shrinks in 2013

 
Report: Michigan's
Posted January 13th, 2014 @ 3:50am by Michigan Radio Network

A new state report says the rate of underutilized labor in Michigan shrunk at a faster rate than the nation as a whole.

However Michigan still lags significantly behind the US in underutilized labor.

Underutilized labor includes both the unemployed and underemployed.

In quoting the state report, the Lansing-based Gongwer News Service says the underutilized rate of labor in Michigan last year averaged just under 16-percent of the total workforce.

That compares to well over 16 percent in 2012.

A similar report shows the national rate at just over 14-percent.

The report comes from the Michigan Department of Technology, Management and Budget.

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