Detroit News: more on those jobless numbers
Even if you read the headlines yesterday about Michigan’s jobless numbers, you’ll want to see the follow-up in today’s edition of The Detroit News:
A snippet:
On Wednesday, the state released the latest data about one of its biggest battles: job losses. Michigan has lost nearly 94,000 jobs so far this year, the labor department said. And June will complete the state’s eighth consecutive year of payroll job loss, according to the University of Michigan’s state economic forecast for 2008 and 2009.
It’s the longest stretch of job loss in Michigan since the 1929 stock market crash plunged the nation into depression, U-M economists Joan Crary, George Fulton and Saul Hymans wrote in a forecast last month. “At no time in its history, or at least as far back as the records take us, has the state endured such a drawn-out disturbance.”
Posted: June 19th, 2008 under In the News, Unemployment.
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