University of Michigan Economists See Jobs Declines Continuing in State for Rest of Year Before Turning Around in 2010

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Michigan is expected to lose 311,000 jobs between the end of last year and the end of 2009, according to the forecast.
Economist George Fulton: "These are declines we've not seen in 30 years. That struck me."
Since a peak in mid-2000, the state has lost 15.6 percent of its workforce, the greatest decline since the mid-1950's, the earliest state data available.

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.