Michigan Unemployment Rate Drops; Still Above National Rate

Michigan Unemployment Rate Drops
FILE - In this March 5, 2009, file photo, Job seekers join a line of hundreds of people at a job fair sponsored by Monster.com in New York. The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years. (AP Photo/Mark Lennihan)
FILE - In this March 5, 2009, file photo, Job seekers join a line of hundreds of people at a job fair sponsored by Monster.com in New York. The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years. (AP Photo/Mark Lennihan)

(LANSING, Mich.) -- Michigan's unemployment rate is on the decline, according to the latest figures from the state's Department of Technology, Management & Budget.

The department announced Wednesday that the state's unemployment rate for November stood at 8.9 percent, down 0.2 percent from the previous month.

The national unemployment rate fell from from 7.9 percent in October to 7.7 percent in November -- the lowest it's been in four years.

Copyright 2012 ABC News Radio

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