Wednesday, July 15, 2009

Not Surprised At All...

And where Michigan goes, the nation will follow. If you doubt that statement, wait 2 years... that's the approximate lag time.

The only way to stop this is to stop the idiots in Washington as well as the idiots at the state level.... both parties. In this country we can all vote. Shamefully, only a small portion of the population gets off their asses and votes.

I firmly believe that if you don't vote, you can't bitch. I vote.
clipped from www.wzzm13.com

Michigan unemployment spikes to 15.2%

LANSING, Mich. (AP) -- Michigan's already high unemployment rate jumped 1.1 percent in June, hitting 15.2 percent.

State officials say the latest jobless rate was 7.1 percentage points above the state's June 2008 rate of 8.1 percent.

Rick Waclawek of the Bureau of Labor Market Information and Strategic Initiatives said Wednesday that "a large drop in manufacturing jobs" caused by restructuring in the auto industry accounted for much of the rise.

General Motors and Chrysler shed jobs as they went through bankruptcy.

The national unemployment rate in June was 9.5 percent.

 blog it

No comments: