U.S. labor market

Michigan’s jobless rate edged up slightly in July to four-point-four percent. The big driver of that number is people joining the labor market.

Michigan’s minimum wage could increase again in 2024 depending on the outcome of a state Supreme Court case that challenges an action by the Legislature to adopt the proposal so it would not go to voters

Economists at the University of Michigan say in an annual forecast that they think the U.S. unemployment rate will stay below 5 percent next year.Five…