Sunday, December 04, 2005

Michigan will see 6th straight year of job losses

The Detriot News reports:
Over the past five years, about 308,900 jobs have vanished in Michigan and another 9,600 may disappear in 2006, the U-M economists said. State manufacturers have shed 25 percent of their workers since 2001, and 28,000 more jobs will be gone by 2007.

"We're about to record our fifth consecutive year of job decline, a stretch that is unequaled in all the years since the government started collecting these numbers in the mid-1950s," the U-M economists wrote
Trouble in Blue state America.