Michigan Unemployment Rate Hits 12.9%

[Purveyor]

Source: WLNS - LANSING

Michigan's unemployment numbers are out for April, and the numbers aren't good.

New numbers from the state's Department of Energy, Labor, and Economic Growth show Michigan's unemployment rate hit 12.9% in April.

That's the highest its been since November of 1983.

And economists say with Chrysler in bankruptcy and General MOTORS Not far behind, the numbers will only get higher.

Charles Ballard, MSU Economist: "It's likely that Michigan's unemployment rate is not at it's peak yet. We probably will see at least a couple of percentage points, I hope that's not true, but that's sort of the way it looks right now."

The unemployment numbers are more proof of just how tough the job market is in Michigan.

Read more: http://www.wlns.com/Global/story.asp?S=10397006