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MICHIGAN'S AVERAGE WEEKLY WAGE CLIMBS TO $489.01 IN 1991

 MICHIGAN'S AVERAGE WEEKLY WAGE CLIMBS TO $489.01 IN 1991
 DETROIT, Jan. 3 /PRNewswire/ -- Michigan's average weekly wage rose


by 2.4 percent in 1991 to $489.01, F. Robert Edwards, director of the Michigan Employment Security Commission (MESC), reported today.
 "Although the average wage in the private sector grew by $11.61 a week, the increase fell below the inflation rate," Edwards said. "Several factors influenced wages in 1991. The recession caused job losses in manufacturing, construction and retail trade, and the state's sluggish economy resulted in virtually no employment growth in the service industries over the year.
 "Job losses, less overtime and fewer bonus payments kept wage growth to 2.4 percent, while inflation for the same period grew an average 5.3 percent nationally and 5.0 percent in the Detroit area," Edwards said.
 The average weekly wage is used in benefit calculations by several state agencies. The MESC, for example, uses the wage estimate to determine the maximum weekly payment for state unemployment insurance benefits.
 As a result of the higher average weekly wage, the maximum weekly unemployment benefit amount increases by $7 to $283 in 1992. The new maximum amount will affect benefit claims filed after Sunday, Jan. 5, 1992. The maximum is calculated at 58 percent of the state average weekly wage.
 The 1991 average weekly wage figure is based upon employment and wage reports from private sector Michigan employers who are required to pay state unemployment insurance taxes. The 1991 average weekly wage covers the 12 months ended June 30, 1991.
 -0- 1/3/92
 /CONTACT: Norman Isotalo of MESC, 313-876-5488/ CO: Michigan Employment Security Commission ST: Michigan IN: SU: ECO


KK -- DE011 -- 6523 01/03/92 13:50 EST
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Date:Jan 3, 1992
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