U.P. jobless rates increase
MARQUETTE – The November unemployment rate in the Upper Peninsula moved up to 7.5 percent, an increase of seven-tenths of a percentage point over the October rate of 6.8 percent.
The figures were released Thursday by the Michigan Department of Management, Technology and Budget.
All but two of the Upper Peninsula’s 15 counties reported higher jobless rates during November with monthly rate advances averaging 1.7 percentage points.
Mackinac County experienced the largest rate jump, moving up by 7.4 percentage points, due to the typical loss of seasonal tourism-related jobs. Keweenaw County also posted a notable jobless rate increase, increasing by 5.5 percentage points to 14.4 percent.
The two counties showing minor unemployment rate decreases for the month were Marquette and Houghton counties, edging down by 0.1 and 0.4 percentage points, respectively.
During November, the lowest unemployment rate in the Upper Peninsula was recorded by Marquette County at 5.7 percent, and below average rates were also registered by Dickinson, Menominee and Houghton counties with 6.1, 6.2 and 6.3 percent, respectively.
Iron County had a rate of 7.5 percent.
The highest jobless rates in Michigan were recorded by Keweenaw County at 14.4 percent and Baraga County at 13.6 percent. Other Upper Peninsula counties with high jobless rates included Mackinac County (11.7 percent) and Ontonagon County (11.3 percent).
Job cuts in November in the Upper Peninsula occur mainly for seasonal reasons and are usually reported in accommodation, food services, recreational services, construction, and transportation.
Over the past year, the jobless rate in the Upper Peninsula dropped by 1.1 percentage points. Jobless rates fell in all 15 U.P. counties since November 2011.
The largest rate reductions were posted in Baraga County, down by 3.0 percentage points, followed by Ontonagon County (2.2 percentage points), Mackinac County (1.9 percentage points) and Gogebic County (1.6 percentage points).
The Upper Peninsula’s not seasonally adjusted November 2012 unemployment rate of 7.5 percent remained below Michigan’s average rate of 7.9 percent, and comparable with the national rate of 7.4 percent.