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March 5, 2021
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UNEMPLOYMENT-MICH
(2007-11-15)
(wgvu) - MICHIGAN'S UNEMPLOYMENT RATE HIT ITS
HIGHEST LEVEL IN 15 YEARS LAST MONTH.
THE STATE'S SEASONALLY ADJUSTED JOBLESS RATE INCREASED TO 7.7
PERCENT IN OCTOBER, UP FROM 7.5 PERCENT IN SEPTEMBER. THE OCTOBER
2006 UNEMPLOYMENT RATE WAS 7.1 PERCENT.
THE NATIONWIDE JOBLESS RATE IN OCTOBER WAS 4.7 PERCENT. MICHIGAN
HAS HAD THE NATION'S HIGHEST SEASONALLY ADJUSTED UNEMPLOYMENT RATE
FOR SEVERAL MONTHS.
STATE OFFICIALS SAY ABOUT 8,000 MANUFACTURING JOBS WERE LOST
LAST MONTH, AND HAVE BEEN IN DECLINE FOR FOUR CONSECUTIVE MONTHS.
NONE OF THE 11 BROAD SEGMENTS OF MICHIGAN'S ECONOMY OUTLINED BY
THE STATE SHOWED JOB GAINS IN OCTOBER. JOB LEVELS IN THE
INFORMATION SECTOR AND IN NATURAL RESOURCES AND MINING HELD STEADY.

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