Wednesday, July 15, 2009

Michigan's Unemployment Rate Continues to Worsen

Increasing an entire persent over last month

According to the Michigan Department of Energy, Labor and Economic Growth (enjoy the euphemistic department name?) The state unemployment rate is 15.2%, or almost double what it was last year at this time (8.1%) an increase of 83.6%. In contrast, the US as a whole is at 9.5%.

The Southeast of Michigan is in an even worse position -
Detroit Metropolitan Area's June Jobless Rate Increases Sharply

The Detroit-Warren-Livonia Metropolitan Statistical Area's (MSA's) seasonally adjusted unemployment rate in June rose by a full percentage point to 16.3 percent.

While Michigan and the Detroit area in particular under Granholm is leading the pack, nationally the Democrats under Obama are helping the rest of the nation catch up.

Additional great commentary on this latest jobless report can be seen at:

Michigan unemployment hits 15.2%!!! Number of unemployed highest since 1976! Obama says jobs NOT COMING BACK!

Right Michigan says it all quite succinctly:
And the new Granholm-Cherry unemployment rate is...

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