Michigan Joblessness Rate Climbs to 15.3 Percent
Michigan’s unemployment rate is the highest in the nation, and has crept up to a staggering 15.3 percent, state officials said Wednesday. Last year, the state’s unemployment rate was just under nine percent. The national average is currently just under ten.
Rick Waclawek, the director of the state Bureau of Labor Market Information and Strategic Initiatives, said “Michigan’s unemployment rate was largely unchanged in September, as a modest recall of auto workers from temporary layoff was countered by job losses in the service sector.” He added, “The state jobless rate, which rose sharply by five percentage points from December 2008 to June 2009, has stabilized somewhat since June.”
Related posts:
- Recession Still Causing Job Loss While many factors of the recession are beginning to look...
- Five Percent Insurance Rate Hike for Florida State State-funded Citizens Property Insurance Corporation has gotten approval to raise...
- Weekly Jobless Claims Below 500,000 The number of laid-off workers filing unemployment claims dropped more...
- Massachusetts Governor Credits Stimulus with 23,000 Jobs Governor Deval Patrick of Massachusetts said on Wednesday that the...
- Halliburton Profits Down 48 Percent Halliburton says its fourth-quarter profit tumbled 48 percent to end...
Related posts brought to you by Yet Another Related Posts Plugin.