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    Tag: Michigan Unemployment

    Michigan Unemployment almost 13%


    By Crippy, Section News
    Posted on Thu May 21, 2009 at 10:01:41 AM EST
    Tags: Michigan Unemployment (all tags)

    Reaching its highest mark since 1983, Michigan's unemployment rate rose from 12.6% in March to 12.9% in April.

    The increase in the unemployed is on par with the national increase, which rose from 8.5% in March to 8.9% in April. However, Michigan's 12.9% is the highest unemployment figure in the country.

    What is even more frightening is that April's 12.9% unemployment rate is up five percentage points from April of 2008's 7.9%.

    From the Detroit News:


    Economists from the Michigan Treasury Department and the House and Senate Fiscal agencies last week reached a consensus that state unemployment could average as much as 14 percent this year and 15.3 percent in 2010.

    Michigan lost about 38,000 nonfarm payroll jobs in April. About 22,000 of those jobs were in manufacturing and another 9,000 were in construction. About 3,000 jobs were lost in retail trade.

    The only industry that showed an increase in jobs was; the government.

    How's that for "change"?

    God help us!
    -Crippy's World
    Gun Control Magnets

    (2 comments) Comments >>

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