Michigan's improving unemployment rate could mean less money for those still unemployed
Wed, 27 Mar 2013 10:45:51 GMT —
Michigan's unemployment rate has now fallen below 9 percent, which means that some people out of work will no longer be able to receive some federally-funded benefits.
There is a federal program called "Tier 4" that allows workers who have exhausted "Tier 3" benefits to continue getting unemployment.
However, the program is only available in states where there is an unemployment rate higher then 9 percent.
Anyone currently on Tier 4 unemployment will continue to receive it until their benefits run out.
No new applications will be approved, however.
Right now there are 205,000 people claiming unemployment benefits in Michigan.