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Number of unemployed in county remains steady in July

By Howard B. Owens

Genesee County's unemployment rate ticked up a percentage point, even though the number of people reported as unemployed in the county remained steady at 1,300.

The rate rose year-over-year from 4.1 percent for July to 4.2.

There are 29,000 people in the county with jobs.

The total labor force -- the number of people working or looking for work -- is 30,300, down from 30,600.

Nationally, the unemployment rate is 4.6 percent. That's what's known as the U-3 number. The number that accounts for people who have stopped looking for jobs out of discouragement and part-time workers who would like full-time employment for the nation is 10.4 percent. That rate has been falling steadily since 2009 from a high of nearly 18 percent. (source, The Wall Street Journal)

That kind of detail is not available for job markets as small as Genesee County.

Wage growth nationally remains stagnant. 

The state's unemployment rate is 4.9 percent.

The GLOW unemployment rate is 4.9 percent, a tick higher than a year ago. The region's labor force has dropped from 98,300 to 96,900.

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