Michigan Department of Career Development: June Jobless Rate Unchanged.LANSING Lansing.1 Village (1990 pop. 28,086), Cook co., NE Ill., a suburb of Chicago, near the Ind. line; inc. 1893. Among the city's industries are meatpacking, food processing, and the manufacture of metal products. 2 City (1990 pop. , Mich., July 20 /PRNewswire/ -- Michigan's seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. June unemployment rate was unchanged from May's rate of 3.3 percent (May's jobless job·less adj. 1. Having no job. 2. Of or relating to those who have no jobs. n. (used with a pl. verb) Unemployed people considered as a group. Used with the. rate was revised upward by one-tenth of a percentage point), Dr. Barbara Bolin, director of the Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). Department of Career Development, announced today. Employment increased by 24,000 in June to total 4,955,000. June's employment increase was the second-largest monthly gain since October 1998. "The large employment gain over the month attests to the ongoing strength of Michigan's labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience situation," Dr. Bolin said. "Employment has increased in our state four of the first six months thus far in 2000," she added. The state civilian labor force gained 26,000 in June to total 5,124,000, and unemployment edged up 2,000 to 168,000. The state labor force advance was partially due to youth entering the workforce seeking summer employment. Dr. Bolin also pointed out that the June 2000 jobless rate was five-tenths of a percentage point lower than the June 1999 rate of 3.8 percent. Second Quarter Unemployment Rate Edges Up The state's unemployment rate rose in the second quarter of 2000 by 0.3 percentage points to 3.2 percent. Over the quarter, the labor force gained 23,000, or 0.4 percent; employment increased by 10,000, or 0.2 percent; and unemployment increased by 13,000, or 8.7 percent. "Although there was an increase in the quarterly jobless rate, one must keep in mind that the first quarter's rate was a record low," Dr. Bolin said. Michigan's Jobless Rate Remains Below National Average Michigan's June unemployment rate was seven-tenths of a percentage point below the U.S. rate of 4.0 percent, marking the 63rd consecutive month that the Michigan jobless rate was below the national average. Payroll Job Increases Led By Restaurant Industry The monthly survey of employers indicated that seasonally adjusted Michigan payroll jobs increased by 6,000 in June to total 4,585,000. Employment in many industrial categories displayed little change. Gains in retail trade (+5,000) and services (+4,000) were offset by a decline in government (-2,000). The decrease in government jobs occurred at the federal level, as some of the temporary workers hired for the census completed their work. The restaurant industry added 5,000 jobs in June, more than any other industry. Over the year, restaurants have contributed 45 percent of retail job growth in Michigan. Since June 1999, employment in services has increased 25,000 or 2.0 percent. Business, amusement Amusement is the state of experiencing humorous and usually entertaining events or situations, and is associated with enjoyment, happiness, laughter and pleasure. Amusement may also be experienced through the recollection of events which have given rise to amusement in the past. and recreation, and educational services have recorded above average gains. Although manufacturing employment has declined over the year by 8,000 or 0.8 percent, since January 2000 it has shown an increase of 3,000 or 0.3 percent. Over the year, payroll jobs in Michigan have increased by 53,000 or 1.2 percent. Production Hours & Earnings Increase In June, seasonally adjusted average weekly hours of production workers in manufacturing increased, as average weekly earnings increased. Average weekly hours worked and earnings were above year-ago levels. MICHIGAN Labor Force Estimates Seasonally Adjusted (Data in Thousands) June May* June** Change 1999 2000 2000 Month Year Civilian Labor Force 5,158 5,098 5,124 26 -34 Employment 4,963 4,931 4,955 24 -8 Unemployment 195 166 168 2 -27 Rate (percent) 3.8% 3.3% 3.3% xxx xxx * Final estimates for May ** Preliminary estimates for June Payroll Employment Estimates Seasonally Adjusted (Data in Thousands) 1999 2000 2000 CHANGE*** JUNE MAY* JUNE** MONTH YEAR TOTAL NON AGRICULTURAL JOBS 4532 4579 4585 6 53 GOODS PRODUCING 1178 1172 1172 0 -6 MINING 7 7 6 0 -1 CONSTRUCTION 191 194 194 -1 3 MANUFACTURING 980 971 972 1 -8 DURABLE GOODS durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. 742 738 736 -1 -5 MOTOR VEH VEH Vehicle VEH Vectored Exception Handler VEH vehicular cargo (US DoD) VEH Vascular Endothelial Hyperplasia & EQUIP 284 283 286 3 1 NONDURABLE non·du·ra·ble adj. Not enduring; being in a state of constant consumption: nondurable items such as paper products. n. A consumable item: nondurables such as food. GOODS 238 234 235 2 -3 SERVICE PRODUCING INDUSTRIES 3354 3407 3413 6 59 TRANS TRANS - TRAffic Network Simulation Language. "A Model for Traffic Simulation and a Simulation Language for the General Transportation Problem", Proc FJCC 37 (1970). , COMM & UTILITIES 176 180 180 0 3 WHOLESALE TRADE 232 235 235 0 4 RETAIL TRADE 830 838 843 5 13 FINANCE, INSUR, REAL ESTATE 208 207 205 -1 -2 SERVICES 1241 1262 1265 4 25 GOVERNMENT 668 687 685 -2 17 * Final estimates for May ** Preliminary data for June *** Change calculated using unrounded data Hours & Earnings for Production Workers Seasonally Adjusted Manufacturing 1999 2000 2000 CHANGE JUNE MAY JUNE MONTH YEAR AVERAGE WEEKLY EARNINGS $829.91 $837.21 $865.27 $28.06 $35.36 AVERAGE WEEKLY HOURS 44.2 44.0 44.4 0.4 0.2 Motor Vehicles & Equipment AVERAGE WEEKLY EARNINGS $1,206.92 $1,221.84 $1,275.94 $54.10 $69.02 AVERAGE WEEKLY HOURS 46.5 46.6 47.3 0.7 0.8 The Department of Career Development helps workers find jobs and employers recruit and train skilled workers. To this end, the state's new career and training development agency is working with K-12 schools, community colleges and local Workforce Development Boards toward the establishment of a comprehensive career preparation system. For more information, visit the Michigan Department of Career Development's web site at www.state.mi.us/career |
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