New unemployment claims dropped in Michigan last week, bucking the trend nationwide, and returning to the more typical, yet elevated, levels seen over the last few months.
New claims declined to 17,553 in the week ending Dec. 12, down from 23,408 the week prior, the U.S. Department of Labor said Thursday. Last year at this time, there were about 10,000 new jobless claims filed.
Nationally, unemployment claims increased to 885,000 last week, up from 862,000 the week prior on a seasonally adjusted basis.
Claims are lower than they were late last month, when they nearly doubled to more than 30,000 the same week a new restrictions were imposed on businesses, closing movie theaters, bowling alleys and banning indoor dining at restaurants.
Monthly unemployment rate rises to 6.9% in Michigan, first increase since April
Updated Dec 16, 2020;
Posted Dec 16, 2020
Outdoor dining at Rustica in downtown Kalamazoo, Michigan on Tuesday, Nov. 17, 2020. (Joel Bissell | MLive.com)Joel Bissell | MLive.com
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Michigan’s unemployment rate is on the rise again for the first time since April’s spike, mimicking the curves depicting the number of COVID-19 cases and pandemic restrictions in the state.
Michigan’s November unemployment rate is 6.9%, the state announced Wednesday. It also adjusted October’s rate – moving it to 6.1% after the preliminary estimate of 5.5%.
November’s 0.8% increase in the state’s unemployment rate is Michigan’s first rise since unemployment went from 4.3% in March to 24% in April.
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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
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
and last updated 2020-12-16 16:34:40-05
LANSING, Mich. â Michiganâs 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. Michiganâs 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. Michiganâs 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. Michiganâs 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.