Michigan jobless rate drops below 10 pct.

Michigan officials said Wednesday the state's jobless rate has fallen sharply to 9.8 percent, its lowest level in three years.
AP Wire
Dec 15, 2011

 

Michigan’s seasonally adjusted unemployment rate in November was down 0.8 percentage points from October and down 1.6 percentage points from November 2010.

It’s the first time since November 2008 that the state’s unemployment rate has been below 10 percent.

The Michigan Department of Technology, Management & Budget said total employment rose 21,000 in November, while the number of those who were jobless and seeking work fell 39,000.

Michigan’s unemployment rate continues to exceed the national rate, which was 8.6 percent in November. That was down 0.4 percentage points from the previous month.

Comments

migpilot

Unfortunately the jobless rate does not take into account the amount of jobs lost. If you computed a jobless rate based on the number of jobs in the state at the beginning of the the Obama administration (which just happens to coincide with the time frame in the article above, Thanks AP for your usual objectiveness) the jobless rate would be in excess of 14 percent. Expect a lot more baseless claims heading your way as the liberal press machine shifts into high gear. Your only defense is education.

Jaques Strapp

Typical negative teabagger attitude I'd expect from a West Michigan right winger.

migpilot

Teabagger? Your one line rebuttal says it all. Another deep thinker gobbling up rhetoric from the left wing press. I don't really know what a teabagger is but I have a feeling it might be better than a kool-aid drinker. By the way it not attitude, it's math.

tartarus12

The unemployment rate doesn't take into account the number of workers who no longer collect unemployment. I don't see the economy turning at all. People aren't going back to work. They are falling off the rolls.

 

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