Mich. unemployment rate rises to 7.7%
Bad news on the automotive front pushed Michigan’s October unemployment rate up to 7.7% during October.
The rise was two-tenths of a percentage point higher than September’s rate, and almost certainly guarantees that Michigan will continue to post the worst state unemployment rate in the nation.
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“The October unemployment rate increase reflects short-term layoffs in the auto industry,” said Rick Waclawek, director of the state’s Bureau of Labor Market Information and Strategic Initiatives. “October layoffs in the auto sector were associated with reduced production schedules.”
The national jobless rate in October was unchanged over the month at 4.7%.
Find thousands of Bilingual jobs at LatPro.com.
The rise was two-tenths of a percentage point higher than September’s rate, and almost certainly guarantees that Michigan will continue to post the worst state unemployment rate in the nation.
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“The October unemployment rate increase reflects short-term layoffs in the auto industry,” said Rick Waclawek, director of the state’s Bureau of Labor Market Information and Strategic Initiatives. “October layoffs in the auto sector were associated with reduced production schedules.”
The national jobless rate in October was unchanged over the month at 4.7%.
Find thousands of Bilingual jobs at LatPro.com.
Labels: Michigan, unemployment
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