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Wednesday, September 20, 2006

Info Post
And Nero fiddled while Rome burned . . .

The August unemployment figures from the Bureau of Labor Statistics are out.

U.S. unemployment rate: 4.7%
Michigan rate: 7.1%

Michigan is tied with Mississippi for the highest unemployment rate. It could be a lot worse too. Nearly all of the folks losing their jobs from the "Big 3" are taking early retirement or special termination packages and are not included in the unemployment rate. Imagine what the unemployment rate would be had they been laid off instead . . .

The only winners in this crisis are the moving companies struggling to keep up with the demand from job seekers moving out of Michigan.

And what has Granholm been doing during the 4 years this crisis has been developing? (Besides twiddling her thumbs) Cool Cities. Cool Cities? Someone needs to tell Granholm that cities with high unemployment rates are NOT cool!

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