University of Michigan Economists See Jobs Declines Continuing in State for Rest of Year Before Turning Around in 2010Quicklink submitted by Margaret Bassett Permalink
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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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