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October Brings Slightly Lower Unemployment Numbers
The
Department of Technology, Management and Budget released October unemployment
numbers this week showing the jobless rate at the lowest point since early 2008
thanks to an increase in the number of people working. The rate dropped
slightly in October to 7.1 percent from September’s 7.2 percent.
The
October 2013 rate was 8.6 percent in Michigan.
Michigan’s
total labor workforce grew to 4.738 million in October, 5,000 higher than
September and 39,000 higher than October 2013, however, still more than 500,000
people shy of the employment numbers of 2000.
A
few industries in Michigan saw employment increases. Professional and
healthcare services had the biggest jump, adding 6,000 jobs. Retail services
added 4,000 and manufacturing added 1,000.
posted by PAA Online
,
Friday, November 21, 2014
10:35 AM
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