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Wed September 1, 2010
Michigan leads nation in job growth
The Mackinac Center for Public Policy posted a story about job growth in Michigan. James Hohman cited stats from the Bureau of Labor Statistics that showed Michigan posted 27,800 new jobs for July. More than any other state in the country. Hohman writes:
There has been substantial volatility in monthly Michigan employment changes since the 2008 recession, ranging from adding 32,100 jobs to losing 42,100. But 2010 is on pace for the state to actually grow in employment. If it happens, this will be the first time since 2000 that Michigan adds jobs over the year.
Manufacturing was the biggest gainer in July, up 20,000 jobs. Automakers and suppliers added engineers and production workers, as vehicle sales grew modestly in the wake of the General Motors and Chrysler bankruptcies. Another strong sector has been business and professional services, where 25,000 jobs have been added in the past year, according to Labor Department data.
The U.S. unemployment rate is at 9.5%. The three states with the worst unemployment:
- Nevada 14.3%
- Michigan 13.1%
- California 12.3%