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County's unemployment rate hits eight-year low

By Howard B. Owens

The unemployment rate for Genesee County fell to 3.8 percent in May, the lowest level for any monthly period since August, 2008.

The rate is a full percentage point lower than last May. 

The number of residents with jobs is 29,300, up from 29,100 from a year ago, while the number of participants in the labor force dropped from 30,600 a year ago to 30,400 this May.

As for the number of non-farm jobs in the county, we've gone from 23,700 to 23,800 from May last year to May this year.

The GLOW region unemployment rate dropped to 4.3 percent, from 5.3 percent a year ago. It hasn't been lower in the region since August 2007, when it was 4.2 percent.

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