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EMPLOYMENT HIGHER BUT NEW JOBSEEKERS EDGE UP OCTOBER JOBLESS RATE

 DETROIT, Nov. 5 /PRNewswire/ -- An increase in the number of workers entering Michigan's job market edged October's seasonally adjusted unemployment rate up to 6.9 percent, F. Robert Edwards, director of the Michigan Employment Security Commission, reported today.
 "In October there were healthy employment increases in most industries," Edwards said, "but the increases could not fully offset the state's labor force growth."
 According to seasonally adjusted estimates prepared for Michigan by the federal Bureau of Labor Statistics, employment across the state climbed by 18,000 last month to 4,370,000. At the same time, 28,000 workers joined the labor force, pushing the total to 4,692,000.
 "We began to see workers entering the labor market looking for permanent jobs as well as those seeking temporary positions for the holiday retail season," Edwards said.
 Since all of the new work force entrants could not find jobs, unemployment climbed by 10,000 in October to 322,000. In September, 312,000, 6.7 percent of the labor force, were jobless. A year ago, October 1992, Michigan's unemployment rate was 8.6 percent with 396,000 out of work.
 Employment growth occurred in many industries. Among those reporting the largest increases were retail and wholesale trade, services, and the auto and other manufacturing industries. Trucking and warehousing also had employment gains, which were related to growth in retail trade.
 For the three-month period ending in October, Michigan's jobless rate averaged 6.7 percent, down half a percentage point from the May to June period and down two full points from the year-ago, August to October 1992, period.
 Among the nation's 11 most populous states, Michigan and Massachusetts had the fourth-lowest unemployment rates behind North Carolina at 4.8 percent; New Jersey, 6.5 percent; and Ohio, 6.6 percent. California at 9.8 percent had the highest October unemployment rate.
 Nationally, unemployment in October rose to 6.8 percent from 6.7 percent in September.
 -0- 11/5/93
 /CONTACT: Norman Isotalo of MESC, 313-876-5488/


CO: Michigan Employment Security Commission ST: Michigan IN: SU:

KE -- DE014 -- 1201 11/05/93 11:41 EST
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Publication:PR Newswire
Date:Nov 5, 1993
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