Saturday, January 12, 2008

A Blurb on Michigan from a Campaign Article

Pre-primary polls show a close race among the three in a state that McCain, as well as Romney, can ill-afford to lose.

"The number one issue in Michigan is jobs," says Rep. Mike Rogers, a Republican from the area around Lansing, who has not endorsed any of the candidates for his party's nomination. "The number two issue in Michigan is jobs. And the number three issue in Michigan is jobs."

Not a surprise.

Michigan's unemployment rate, at 7.4 percent in November, is the highest in the country by a full percentage point, and about 50 percent higher than the national average.

Bureau of Labor Statistics figures show the state shed more than 76,000 jobs in the 12 months ending in November, a period in which the national economy added 1.5 million jobs.

In a further sign of economic distress, Michigan lost population in each of the last two years, according to Census Bureau estimates, as the auto industry was struck with a series of blows.

6 comments:

Julie said...

Sounds pretty dire. We keep hearing about Sub Prime (?) here and a credit/housing collapse over there. Starting to impact here a bit. Not good.

Shirl said...

eww, hope you don't get hit as bad as we did. The housing collapse knocked us down, the unemployment in Michigan is making things even worse. *sigh*

But we lived through the early 80s.

Julie said...

Housing prices could do with coming down....exorbitant is an understatement.
I'm surprised that your federal gov't manages to stay afloat given the money being spent on military excursions. Has it cut back in other areas to compensate?

Julie said...

I meant to ask - is your job safe?

Shirl said...

ok for now, but the business may be in jeopardy, so we'll have go see how things work out.

Julie said...

My business is always in jeopardy. It becomes a way of life after a while :)