Michigan's 'underemployment' rate tied for nation's highest in 2011
Michigan's "underemployment" rate — which is considered a broader reflection of the health of the workforce than the unemployment rate — averaged 21 percent to 24 percent in 2011, according to a poll released today by Gallup.
The figures tied for worst in the nation with California, Florida, Nevada and Mississippi.
The underemployment rate includes people who "are either unemployed or are employed part time (fewer than 30 hours per week) and wish to be employed full time," Gallup said in a news release.
The average national underemployment rate was 18.6 percent for the full year.
Gallup reported a higher underemployment rate for Michigan than the federal government has reported. The U.S. Bureau of Labor Statistics says Michigan's underemployment rate for the fourth quarter of 2010 through the third quarter of 2011 was 19.2 percent.
The report comes after the Michigan Department of Technology, Management and Budget announced last month that Michigan's unemployment rate fell to 9.3 percent in December. In November, the rate fell below 10 percent for the first time in three years.
University of Michigan economists projected in November that the state would add nearly 31,500 jobs in 2012 and 37,200 in 2013 after adding about 64,200 jobs in 2011. They called it a "sustained recovery" at a "subdued pace."
The recovering manufacturing sector, which includes a robust auto industry, is expected to account for about 27.3 percent of the new jobs over the next two years. The sector, which added 19,000 jobs in 2010 and 25,000 in 2011, is expected to add 21,000 over the next two years.