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| Michigan's November Jobless Rate Declines
Contact:
Lori Donlan (517) 373-9280
Agency:
Energy, Labor & Economic Growth
|
Michigan's November Jobless Rate Declines - News Release
December 19,
2007 - Michigan's seasonally adjusted unemployment
rate in November decreased by three-tenths of a percentage point to 7.4 percent,
according to data released today by the Michigan Department of Labor &
Economic Growth (DLEG). Total employment
rose by 25,000 as unemployment declined by 17,000. As a result, the state's labor force edged
upward by 8,000 over the month.
Michigan's November 2007 jobless rate is
three-tenths of a percentage point above the state's November 2006 rate of 7.1
percent. The national rate rose by two-tenths
of a percentage point in the same period.
"Modest recalls in manufacturing caused a slight reduction
in Michigan's November jobless rate," said Rick
Waclawek, director of DLEG's Bureau of Labor Market Information and Strategic Initiatives. "The number of payroll jobs in the state edged up slightly by 3,000 during this time period."
Monthly Labor Force Trends & Highlights
- November
marked the first monthly unemployment rate decline for the state since May.
- Michigan's labor force has declined in 2007. With 11 months of data in, the year-to-date
average 2007 work force in the state totaled 5,044,000. This was a reduction of 37,000 from the 2006
annual average work force of 5,081,000.
- Since
November 2006, statewide unemployment increased by 10,000 or 2.8 percent, which
compares favorably to the 5.0 percent rise in national unemployment in the same period.
- From
November 2006 to November 2007, total employment in Michigan fell by 71,000 or 1.5 percent. Total employment nationally increased by 0.7
percent in the same time frame.
- The
national jobless rate in November was unchanged over the month at 4.7 percent.
MICHIGAN
Labor Force Estimates
Seasonally Adjusted
(Data in Thousands)
| |
November
2006 |
October
2007 |
November
2007 |
Change |
| |
|
|
|
Month |
Year |
Civilian Labor Force |
5,080 |
5,012 |
5,020 |
8 |
-60 |
Employment |
4,721 |
4,625 |
4,650 |
25 |
-71 |
Unemployment |
360 |
387 |
370 |
-17 |
10 |
Rate (Percent) |
7.1 |
7.7 |
7.4 |
xxx |
xxx |
Detroit Metropolitan Area's
November Jobless Rate Declines
The Detroit-Warren-Livonia Metropolitan Statistical Area's
(MSA's) seasonally adjusted unemployment rate in November decreased by
three-tenths of a percentage point to 7.7 percent. Total employment edged upward by 4,000 and
unemployment declined by 7,000 as the area's labor force decreased slightly by
3,000.
From November 2006 to November 2007, the metropolitan area's
jobless rate increased slightly by two-tenths of a percentage point. Over the year, total employment and the labor
force fell in the metro area by 34,000 and 32,000 respectively. Unemployment was little changed in that
period, inching up by 2,000.
Detroit-Warren-Livonia MSA
Labor Force Estimates
Seasonally Adjusted
(Data in Thousands)
| |
November
2006 |
October
2007 |
November
2007 |
Change |
| |
|
|
|
Month |
Year |
Civilian
Labor Force |
2,168 |
2,139 |
2,136 |
-3 |
-32 |
Employment |
2,006 |
1,968 |
1,972 |
4 |
-34 |
Unemployment |
162 |
171 |
164 |
-7 |
2 |
Rate
(Percent) |
7.5 |
8.0 |
7.7 |
xxx |
xxx |
November Payroll Jobs
Little Changed
According to the monthly survey of employers, seasonally adjusted Michigan payroll jobs
edged upward in November by 3,000 to total 4,245,000. Payroll jobs were little changed over the
month in most industry sectors. Moderate
job gains in professional and business services (+3,000) and manufacturing
(+2,000) were somewhat offset by a decline in government (-2,000). The remainder of the major industry sectors
showed only minor job gains or losses in November.
Industry Employment Trends
and Highlights
- Even
with the minor increase over the month, Michigan's November payroll job count was
38,000 below the 2007 11-month average of 4,283,000 jobs.
- Manufacturing
posted its first up tick since June.
- Jobs in education and health services
in November reached the highest monthly total so far in 2007, and along with
that, posted an all-time record high.
- Government jobs declined for the
third consecutive month in November and recorded the lowest total in 2007.
- The financial activities sector
was little changed over the month, however, over the year this sector lost
5,000 jobs statewide. This is mostly due
to losses in the sub-sectors within financial activities that are involved with
mortgages and real estate, and is related to the nationwide housing crisis.
- From November 2006 to November
2007, payroll jobs in Michigan fell by 77,000 or 1.8 percent. In
that period, the industry sectors showing the most significant job loss
included manufacturing (-27,000), government (-19,000), construction (-16,000),
and trade, transportation and utilities (-12,000).
- Since November 2006, education
and health services (+9,000) was the only major industry sector in Michigan to register
significant job growth.
- Seasonally adjusted average
weekly hours and earnings of production workers in manufacturing declined over
the month, but increased over the year.
MICHIGAN |
Payroll Employment Estimates |
Seasonally Adjusted |
(Data in Thousands) |
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
November |
October* |
November** |
CHANGE*** |
| |
|
|
|
|
2006 |
2007 |
2007 |
MONTH |
YEAR |
| |
|
|
|
|
|
|
|
|
|
Total
Nonfarm Payroll Jobs |
4322 |
4242 |
4245 |
3 |
-77 |
| |
Natural
Resources & Mining |
8 |
8 |
8 |
0 |
0 |
| |
Construction |
176 |
161 |
160 |
-1 |
-16 |
| |
Manufacturing |
635 |
606 |
607 |
2 |
-27 |
| |
|
Transportation
Equipment |
208 |
188 |
189 |
1 |
-19 |
| |
Trade,
Transportation & Utilities |
792 |
780 |
780 |
0 |
-12 |
| |
|
Retail
Trade |
493 |
485 |
484 |
-1 |
-9 |
| |
Information |
67 |
66 |
66 |
0 |
-1 |
| |
Financial
Activities |
215 |
210 |
210 |
0 |
-5 |
| |
Professional
& Business Services |
590 |
584 |
587 |
3 |
-3 |
| |
Education
& Health Services |
587 |
596 |
597 |
1 |
9 |
| |
Leisure
& Hospitality Services |
408 |
408 |
408 |
0 |
1 |
| |
Other
Services |
178 |
175 |
176 |
1 |
-3 |
| |
Government |
666 |
649 |
647 |
-2 |
-19 |
| |
|
|
|
|
|
|
|
|
|
| |
|
* Final
data for October |
|
|
|
|
| |
|
**
Preliminary data for November |
|
|
|
| |
|
***
Change calculated using unrounded data |
|
|
| |
|
|
|
|
|
|
|
|
|
Hours & Earnings for Production Workers |
Seasonally Adjusted |
| |
|
|
|
|
|
|
|
|
|
Manufacturing |
| |
|
|
|
|
November |
October |
November |
CHANGE |
| |
|
|
|
|
2006 |
2007 |
2007 |
MONTH |
YEAR |
| |
|
|
|
|
|
|
|
|
|
| |
|
Average
Weekly Earnings |
$909.20 |
$943.83 |
$919.52 |
-$24.31 |
$10.32 |
| |
|
Average
Weekly Hours |
41.5 |
42.8 |
42.2 |
-0.6 |
0.7 |
| |
|
|
|
|
|
|
|
|
|
Transportation Equipment |
| |
|
|
|
|
|
|
|
|
|
| |
|
Average
Weekly Earnings |
$1,209.30 |
1,245.32 |
$1,205.09 |
-$40.23 |
-$4.21 |
| |
|
Average
Weekly Hours |
41.6 |
43.8 |
42.9 |
-0.9 |
1.3 |
The Department of Labor & Economic Growth (DLEG) is
investing in Michigan's future by helping to create the
jobs of today and tomorrow, ensuring that our children and adults have the
skills these jobs demand, making Michigan a better place to do business, and
training and placing those who need jobs now.
Note to Editors: Please ensure that the source for state unemployment rates reads
"Michigan Department of Labor & Economic Growth."
Read more Michigan Department of Labor & Economic Growth press releases.
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