Genesee County's unemployment rate dropped in May after COVID-driven spike in April
After hitting an unprecedented 14.4 percent in April, Genesee County's unemployment rate fell sharply for May, dropping to 10.1 percent.
That is a level more in line with the area unemployment rate at the depth of the great recession when unemployment topped out at an even 10 percent January and February of 2010.
Of course, the May 2020 unemployment rate is much higher than the 3.4 percent of a year ago.
At the same time, there are also more people participating in the workforce in Genesee County than a year ago, an increase of 200 workers who either have employment or are seeking employment, from 29,300 to 29,500.
The total number of local residents considered unemployed is 3,000, compared to 1,000 a year ago, 4,200 a month ago, and 1,400 two months ago.
The state's unemployment rate is 14.2 percent, up from 3.6 percent a year ago, and the U.S. unemployment rate 13 percent. Nationally, it was 3.4 percent a year ago in May.