Saturday, November 5, 2011
Michigan's Unemployment Rate is Over 11%
Michigan's Unemployment looks like it will end 2011 someplace around 11%. While it has improved quite a bit from 15% highs, it still well above historic norms... And in my opinion it is under-represents how many people and jobs have permanently left the state. I would think plenty of unemployed people packed up their bags and moved out of state to places further South and West where there are better job opportunities.