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Wed Apr 18, 2012, 06:07 PM

Auto industry resurgence sends Michigan's unemployment rate down to 8.5%

Source: Detroit Free Press

Auto industry resurgence sends Michigan's unemployment rate down to 8.5%
4:28 PM, April 18, 2012
BY Katherine Yung
DETROIT FREE PRESS BUSINESS WRITER


Michigan’s unemployment rate continued to move in the right direction in March, dropping to 8.5% from 8.8% in February. The last time the state’s jobless rate reached this level was in August 2008.

“During the first quarter of 2012, the number of unemployed in Michigan fell by 37,000,” Rick Waclawek, director of the state’s Bureau of Labor Market Information and Strategic Initiatives, said in a statement.

Payroll jobs in the state have increased by 57,000 or 1.4% since March 2011, with nearly all of the hiring occurring in manufacturing, professional and business services and education and health services.

Michigan’s unemployment rate, which was once the highest in the nation, is now just a tad above the U.S. unemployment rate, which stood at 8.2% in March.


Read more: http://www.freep.com/article/20120418/BUSINESS06/120418030/Gov-Snyder-Michigan-unemployment-rate?odyssey=tab|topnews|text|FRONTPAGE



Gotta wonder what Willard Rmoney says about this.

9 replies, 2490 views

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Reply Auto industry resurgence sends Michigan's unemployment rate down to 8.5% (Original post)
Bozita Apr 2012 OP
JoePhilly Apr 2012 #1
blue_onyx Apr 2012 #2
freshwest Apr 2012 #8
Kingofalldems Apr 2012 #3
SadPanda Apr 2012 #4
iandhr Apr 2012 #5
aaaaaa5a Apr 2012 #6
deacon Apr 2012 #7
Tarheel_Dem Apr 2012 #9

Response to Bozita (Original post)

Wed Apr 18, 2012, 06:10 PM

1. I bet Romney kicked a puppy about 50 yards on hearing this news ... take a look.

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Response to Bozita (Original post)

Wed Apr 18, 2012, 06:18 PM

2. Thankfully...

Obama didn't turn his back on the auto industry like Romney wanted.

It's so damn annoying to watch Gov. Snyder tweeting that the reinvention of MI is working. He's done NOTHING to help improve MI's economy. The unemployment rate was decreasing for 1.5 years before he even came into office. Of course the "liberal media" won't point this out.

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Response to blue_onyx (Reply #2)

Thu Apr 19, 2012, 12:20 AM

8. And they will keep on electing some GOP there, too. Can't win for losing some days.

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Response to Bozita (Original post)

Wed Apr 18, 2012, 06:22 PM

3. K and R for good ol' JSnuffy

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Response to Bozita (Original post)

Wed Apr 18, 2012, 06:48 PM

4. I just bought a Jeep Wrangler Unlimited last month.

Built in Toledo. All of the parts made in America, mostly in Michigan. Chrysler corporation Italian majority ownership negotiated through the Obama Administration. It's CEO decided to pay off the government loan "bailout" within three years. State of the Art facilities.

Had to wait 7 weeks for the vehicle to arrive (I ordered it custom.)

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Response to Bozita (Original post)

Wed Apr 18, 2012, 06:50 PM

5. Clearly this socialism must end

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Response to Bozita (Original post)

Wed Apr 18, 2012, 06:56 PM

6. "Let Detroit go bankrupt!"


Please explain to me how Michigan is a battle-ground state again?

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Response to Bozita (Original post)

Wed Apr 18, 2012, 09:40 PM

7. Spin that Mitt. n/t

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Response to Bozita (Original post)

Thu Apr 19, 2012, 01:54 AM

9. I heard on NPR yesterday that the president is returning to a Community College.....

where he spoke a couple of years ago (I think it's in OH), but the point of the report was that the first time the president visited, area unemployment was at 11%, and now it's down to 7.5%, which is lower than the national average. Community colleges are the frontline for retraining unemployed workers, and helping them find their way back into the workforce.

I hope the speech gets posted here.

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