Friday, May 20, 2011

Michigan still bleeding jobs

The Michigan Legislature just passed a tax cut for businesses that is aimed at bringing jobs back into the state.
That is good, because we need it.
Michigan lost 10,200 jobs last month, the largest decline of any state. By comparison, Minnesota lost 5,200 jobs and South Carolina lost 3,800.
The big gainers were New York, which gained 45,700 jobs in April, (the most of any state). and Texas, which added 32,900 jobs. Pennsylvania, added 23,700 jobs.
The state's unemployment rate actually edged up a tenth of a point -- from 10.3 unemployed in March to 10.2 in April.


Blogger daudyar said...

It'll all work out. Economies come and go, rebound and disappear. The good thing is we, as human beings, have a better understanding of economic activity ... almost to the point of being a hypothetical science, which is saying very much and very little at the same time. In the end, it will work out.

Thanks for the update, and keep on, keepin' on. :)

May 26, 2011 at 8:25 AM 

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