RSS

Michigan No Longer Champion of Unemployment

Via Detroit News:

New state-by-state figures released by the federal government Friday showed Nevada led the nation in unemployment last month, assuming the title Michigan had held since April, 2006. The U.S. Department of Labor said Nevada's jobless rate jumped from 13.7 percent in April to 14 percent in May. In Michigan, meanwhile, the rate fell from 14 percent in April to 13.6 percent last month.
That's great news, right? Michigan is no longer the worst in the nation! Unemployment rates actually dropped in 37 states. We're turning the corner, right? Obama and the Democrats in Congress can take credit for saving our economy, right?
"What's happening this time around is we're seeing the economy continue to struggle -- it's not picking up as much as it should," Bill Anderson, chief economist with Nevada's employment agency, said.
That's right- every year as college graduates seek jobs and construction and landscaping takes advantage of the weather, the unemployment rate falls, but this year, it fell less than normal. Thanks to Obama and the Democrats in Congress, economic activity was destroyed. But that's not all the bad news.
The widespread declines (in unemployment rates) were mainly because people gave up looking for work and were no longer counted. Nationwide, 431,000 jobs were added, which was the biggest gain in a decade. However, the surge came from mainly from 411,000 temporary census jobs.
At least Michigan is no longer worst in the nation for unemployment.

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • RSS

0 komentar:

Posting Komentar