Michigan’s unemployment rate in November rose by three-tenths of a percentage point to 9.6 percent, according to the Michigan Department of Labor & Economic Growth (DLEG). Total employment fell by 35,000 and unemployment rose by 16,000, as the state labor force contracted over the month.
Michigan’s November 2008 jobless rate was 2.2 percentage points above the state’s November 2007 rate of 7.4 percent. In the same period, the national jobless rate recorded a similar advance, increasing by two percentage points.
“Michigan’s labor market has rapidly deteriorated in the last several months due to the fallout of the ongoing national recession,” said Rick Waclawek, director of DLEG’s Bureau of Labor Market Information and Strategic Initiatives. “Almost all industry sectors have been impacted as state payroll jobs have declined by nearly 60,000 in just the last two months.”
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[...] unemployment rate was 9.6 percent in November, an increase from 9.3 in [...]