Oakland County boasts lowest October jobless rate since 2008

Oakland County’s October unemployment rate is the lowest it has been since 2008 as the county continues to outperform the region and the state. The not-seasonally adjusted unemployment rate for October was 7.8 percent in Oakland County. The Detroit MSA was 9 percent and the State of Michigan was 8.3 percent. Oakland County Executive L. Brooks Patterson said the numbers validate the county’s economic diversification efforts in the knowledge-based economy through initiatives such as Emerging … [Read more...]