Michigan Department of Career Development Reports March Jobless Rate Unchanged

Apr 18, 2001, 01:00 ET from Michigan Department of Career Development

    LANSING, Mich., April 18 /PRNewswire/ -- Michigan's seasonally adjusted
 March unemployment rate was unchanged from February's revised rate of 4.7
 percent, Dr. Barbara Bolin, director of the Michigan Department of Career
 Development, announced today.  (February's rate was revised upward by two-
 tenths of a percentage point from 4.5 percent when additional data was
 finalized.)  Employment decreased by 11,000 in March to total 5,000,000, and
 unemployment edged up by 2,000 to 247,000.  The state civilian labor force
 declined by 9,000 to total 5,247,000.  The March 2001 jobless rate was one and
 four-tenths of a percentage point higher than the record low March 2000 rate
 of 3.3 percent.
     "Since January 2001, there has been essentially no growth in the state's
 employment level," Dr. Bolin said.  "Much of the weakness in Michigan's
 payroll employment has been concentrated in the manufacturing sector."
 
     Employment Down, Labor Force Up Over Year
     Over the year, employment in Michigan has decreased 14,000 or 0.3 percent.
 Although the labor force level dropped slightly in March, it was up 61,000 or
 1.2 percent since March 2000.
 
     Substantial Increase In Unemployment Over Year
     From March 2000 to March 2001, the state's unemployment level was up
 75,000 or 44 percent.
     "Jobless levels rose sharply in January 2001, and have continued on a
 slight upward trend through March," Dr. Bolin said.
 
     First Quarter 2001 Hike In Unemployment
     Michigan's jobless rate for the first quarter of 2001 was 4.6 percent,
 which was eight-tenths of a percentage point above the fourth quarter 2000
 rate of 3.8 percent, and was the highest quarterly rate since the fourth
 quarter 1996.
 
     Payroll Employment Declines Slightly
     According to the monthly survey of employers, seasonally adjusted Michigan
 payroll jobs decreased by 6,000 in March to total 4,697,000.  Most industry
 sectors recorded only minor job change.  Both manufacturing and construction
 recorded slight employment declines of 2,000.
     Although employment in retail trade increased 11,000 or 1.3 percent over
 the year, and had accounted for 35 percent of total payroll job growth, its
 growth thus far in 2001 has been sluggish.  Since December 2000, retail trade
 employment has been essentially unchanged.
     Over the year, payroll jobs in manufacturing were down 22,000 or 2.3
 percent.  Construction employment decreased over the month, but has gained
 4,000 or 2.0 percent over the year.
 
     Production Hours & Earnings Increase Over Month, Decline Over Year
     In March, seasonally adjusted average earnings and hours of production
 workers in manufacturing increased.  Average weekly earnings and hours were
 below year-ago levels.
 
                                     MICHIGAN
                               Labor Force Estimates
                                Seasonally Adjusted
                                (Data in Thousands)
 
 
                                  March  February**  March*      Change
                                  2000    2001        2001   Month     Year
                  Civilian
                   Labor Force    5,186  5,256       5,247     -9       61
                  Employment      5,014  5,011       5,000    -11      -14
                  Unemployment      172    245         247      2       75
                  Rate (percent)    3.3%   4.7%        4.7%   xxx      xxx
 
                  * Preliminary estimates for March
                  ** Final estimates for February
 
                          Payroll Employment Estimates
                              Seasonally Adjusted
                              (Data in Thousands)
 
                                    2000     2001    2001      CHANGE***
                                     MAR     FEB*    MAR**   MONTH     YEAR
 
     TOTAL NON AGRICULTURAL JOBS    4665     4702    4697      -6       32
 
          GOODS PRODUCING           1198     1185     1181     -4      -17
               MINING                  7        8        8      0        1
               CONSTRUCTION          211      217      215     -2        4
               MANUFACTURING         980      960      958     -2      -22
                DURABLE GOODS        748      730      726     -4      -22
                  MOTOR VEH &
                   EQUIP             289      271      269     -2      -20
                NONDURABLE GOODS     232      230      231      1       -1
 
          SERVICE PRODUCING
           INDUSTRIES               3467     3517     3516     -1       49
               TRANS, COMM &
                UTILITIES            181      182      181     -1        0
               WHOLESALE TRADE       239      243      243      0        4
               RETAIL TRADE          851      863      862     -1       11
               FINANCE, INSUR,
                REAL ESTATE          205      207      207      0        2
               SERVICES             1311     1332     1332      0       21
               GOVERNMENT            680      690      691      1       11
 
               *Final data for February
               **Preliminary data for March
               ***Change calculated using unrounded data
 
 
                    Hours & Earnings for Production Workers
                              Seasonally Adjusted
 
                                 Manufacturing
 
                                 2000        2001       2001        CHANGE
                                  MAR         FEB        MAR     MONTH    YEAR
 
               AVERAGE WEEKLY
                EARNINGS         $837.26    $806.84    $814.95   $8.11  -$22.31
               AVERAGE WEEKLY
                HOURS               44.2       41.9       42.3     0.4     -1.9
 
                                Motor Vehicles &
                                   Equipment
 
               AVERAGE WEEKLY
                EARNINGS       $1,186.66  $1,125.53  $1,150.40  $24.87  -$36.26
               AVERAGE WEEKLY
                HOURS               46.1       43.2       44.2     1.0     -1.9
 
     The Michigan Department of Career Development helps workers find jobs and
 employers recruit and train skilled workers.  To this end, the state's new
 career and training development agency is working with K-12 schools, community
 colleges and local Workforce Development Boards toward the establishment of a
 comprehensive career development system.  For more information, visit the
 Michigan Department of Career Development Web site at www.MDCD.org
 
 

SOURCE Michigan Department of Career Development
    LANSING, Mich., April 18 /PRNewswire/ -- Michigan's seasonally adjusted
 March unemployment rate was unchanged from February's revised rate of 4.7
 percent, Dr. Barbara Bolin, director of the Michigan Department of Career
 Development, announced today.  (February's rate was revised upward by two-
 tenths of a percentage point from 4.5 percent when additional data was
 finalized.)  Employment decreased by 11,000 in March to total 5,000,000, and
 unemployment edged up by 2,000 to 247,000.  The state civilian labor force
 declined by 9,000 to total 5,247,000.  The March 2001 jobless rate was one and
 four-tenths of a percentage point higher than the record low March 2000 rate
 of 3.3 percent.
     "Since January 2001, there has been essentially no growth in the state's
 employment level," Dr. Bolin said.  "Much of the weakness in Michigan's
 payroll employment has been concentrated in the manufacturing sector."
 
     Employment Down, Labor Force Up Over Year
     Over the year, employment in Michigan has decreased 14,000 or 0.3 percent.
 Although the labor force level dropped slightly in March, it was up 61,000 or
 1.2 percent since March 2000.
 
     Substantial Increase In Unemployment Over Year
     From March 2000 to March 2001, the state's unemployment level was up
 75,000 or 44 percent.
     "Jobless levels rose sharply in January 2001, and have continued on a
 slight upward trend through March," Dr. Bolin said.
 
     First Quarter 2001 Hike In Unemployment
     Michigan's jobless rate for the first quarter of 2001 was 4.6 percent,
 which was eight-tenths of a percentage point above the fourth quarter 2000
 rate of 3.8 percent, and was the highest quarterly rate since the fourth
 quarter 1996.
 
     Payroll Employment Declines Slightly
     According to the monthly survey of employers, seasonally adjusted Michigan
 payroll jobs decreased by 6,000 in March to total 4,697,000.  Most industry
 sectors recorded only minor job change.  Both manufacturing and construction
 recorded slight employment declines of 2,000.
     Although employment in retail trade increased 11,000 or 1.3 percent over
 the year, and had accounted for 35 percent of total payroll job growth, its
 growth thus far in 2001 has been sluggish.  Since December 2000, retail trade
 employment has been essentially unchanged.
     Over the year, payroll jobs in manufacturing were down 22,000 or 2.3
 percent.  Construction employment decreased over the month, but has gained
 4,000 or 2.0 percent over the year.
 
     Production Hours & Earnings Increase Over Month, Decline Over Year
     In March, seasonally adjusted average earnings and hours of production
 workers in manufacturing increased.  Average weekly earnings and hours were
 below year-ago levels.
 
                                     MICHIGAN
                               Labor Force Estimates
                                Seasonally Adjusted
                                (Data in Thousands)
 
 
                                  March  February**  March*      Change
                                  2000    2001        2001   Month     Year
                  Civilian
                   Labor Force    5,186  5,256       5,247     -9       61
                  Employment      5,014  5,011       5,000    -11      -14
                  Unemployment      172    245         247      2       75
                  Rate (percent)    3.3%   4.7%        4.7%   xxx      xxx
 
                  * Preliminary estimates for March
                  ** Final estimates for February
 
                          Payroll Employment Estimates
                              Seasonally Adjusted
                              (Data in Thousands)
 
                                    2000     2001    2001      CHANGE***
                                     MAR     FEB*    MAR**   MONTH     YEAR
 
     TOTAL NON AGRICULTURAL JOBS    4665     4702    4697      -6       32
 
          GOODS PRODUCING           1198     1185     1181     -4      -17
               MINING                  7        8        8      0        1
               CONSTRUCTION          211      217      215     -2        4
               MANUFACTURING         980      960      958     -2      -22
                DURABLE GOODS        748      730      726     -4      -22
                  MOTOR VEH &
                   EQUIP             289      271      269     -2      -20
                NONDURABLE GOODS     232      230      231      1       -1
 
          SERVICE PRODUCING
           INDUSTRIES               3467     3517     3516     -1       49
               TRANS, COMM &
                UTILITIES            181      182      181     -1        0
               WHOLESALE TRADE       239      243      243      0        4
               RETAIL TRADE          851      863      862     -1       11
               FINANCE, INSUR,
                REAL ESTATE          205      207      207      0        2
               SERVICES             1311     1332     1332      0       21
               GOVERNMENT            680      690      691      1       11
 
               *Final data for February
               **Preliminary data for March
               ***Change calculated using unrounded data
 
 
                    Hours & Earnings for Production Workers
                              Seasonally Adjusted
 
                                 Manufacturing
 
                                 2000        2001       2001        CHANGE
                                  MAR         FEB        MAR     MONTH    YEAR
 
               AVERAGE WEEKLY
                EARNINGS         $837.26    $806.84    $814.95   $8.11  -$22.31
               AVERAGE WEEKLY
                HOURS               44.2       41.9       42.3     0.4     -1.9
 
                                Motor Vehicles &
                                   Equipment
 
               AVERAGE WEEKLY
                EARNINGS       $1,186.66  $1,125.53  $1,150.40  $24.87  -$36.26
               AVERAGE WEEKLY
                HOURS               46.1       43.2       44.2     1.0     -1.9
 
     The Michigan Department of Career Development helps workers find jobs and
 employers recruit and train skilled workers.  To this end, the state's new
 career and training development agency is working with K-12 schools, community
 colleges and local Workforce Development Boards toward the establishment of a
 comprehensive career development system.  For more information, visit the
 Michigan Department of Career Development Web site at www.MDCD.org
 
 SOURCE  Michigan Department of Career Development