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COVID-19 Update: Business Association Urges Public Support of Michigan Restaurants and Hotels, State Jobless Rate Increases in November, and More

COVID-19 Update: Business Association Urges Public Support of Michigan Restaurants and Hotels, State Jobless Rate Increases in November, and More Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message. Courtesy of Bridge Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message.

Michigan jobless rate rises for first time since April

Michigan jobless rate rises for first time since April Michigan s seasonal unemployment rate increased by eight-tenths of a percentage point in November to 6.9%, the first increase since the April plunge in jobs, officials said. Total employment in November decreased by 14,000, while the number of unemployed rose by 43,000, according to data released Wednesday by the Michigan Department of Technology, Management and Budget. In November, Michigan’s unemployment rate rose for the first time since April,  said Wayne Rourke, associate director of the Bureau of Labor Market Information and Strategic Initiatives in a press release. With payroll jobs also decreasing slightly this month, the recent surge in COVID-19 cases is still having an impact on the state’s labor market.

DTMB - Michigan jobless rate increases in November

DTMB Michigan jobless rate increases in November FOR IMMEDIATE RELEASE LANSING, Mich.  Michigan’s seasonally adjusted unemployment rate advanced by eight-tenths of a percentage point to 6.9 percent in November, according to data released today by the Michigan Department of Technology, Management & Budget. Michigan’s October rate was revised upwards by six-tenths of a percentage point, from 5.5 to 6.1 percent. Total employment in November moved down by 14,000, while the number of unemployed rose by 43,000. Michigan’s workforce edged up by 30,000 in November.  The national jobless rate declined by two-tenths of a percentage point over the month to 6.7 percent. Michigan’s November unemployment rate was 0.2 percentage points above the U.S. rate. The national jobless rate rose by 3.2 percentage points over the year, while the state rate advanced by 3.0 percentage points during the same period.

Michigan unemployment rate increases for first time since April

Michigan unemployment rate increases for first time since April Flood s Bar and Grille The leisure and hospitaity sector in Michigan has been among the hardest hit from COVID-19 and related shutdown orders. Michigan s unemployment rate in November rose to 6.9 percent, marking the first increase since April and indicating the economic impact of the state s mandated shutdown in some areas of the service and entertainment sectors to fight the spread of COVID-19. The state s overall unemployment rate increased from 6.1 percent to 6.9 percent, according to data released Wednesday by the Michigan Department of Technology, Management and Budget. The state s unemployment rate in October was revised upward from 5.5 percent to 6.1 percent. November s unemployment rate is up 3 percentage points year over year.

Michigan jobless rate increases in November

Michigan jobless rate increases in November and last updated 2020-12-16 16:34:40-05 LANSING, Mich. — Michigan’s seasonally adjusted unemployment rate advanced by eight-tenths of a percentage point to 6.9 percent in November, according to data released today by the Michigan Department of Technology, Management & Budget. Michigan’s October rate was revised upwards by six-tenths of a percentage point, from 5.5 to 6.1 percent. Total employment in November moved down by 14,000, while the number of unemployed rose by 43,000. Michigan’s workforce edged up by 30,000 in November. The national jobless rate declined by two-tenths of a percentage point over the month to 6.7 percent. Michigan’s November unemployment rate was 0.2 percentage points above the U.S. rate. The national jobless rate rose by 3.2 percentage points over the year, while the state rate advanced by 3.0 percentage points during the same period.

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