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Tagged: unemployment

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Auto/Economy
1:57 pm
Fri February 4, 2011

Jobless rate falling in Flint

Credit Steve Carmody / Michigan Radio
Kettering University junior Steve Needham at the Innovation Center.

From General Motors adding another shift at the Flint Assembly plant to expansion in the city's medical and echnology centers, Flint's job picture is brightening.

Flint city leaders say their community posted one of the ten biggest drops in unemployment in the U.S. over the last 12 months.

Between December 2009 and December 2010, Flint's jobless rate fell from 16 percent to just under 12 percent.

Flint Mayor Dayne Walling says the city helped create or keep mare than a thousand jobs by encouraging entrepreneurial businesses.

For everybody who's left, there's a project out there that kept a job here too. That?s the other part of the story. It may not be a new job. It's not someone who's newly employed. But there are another 500 or 1000 people who would have left here if these projects wouldn't have been successful.

This all builds on what our president said in his State of the Union, that we need to create jobs and industries of the future by doing what America does best.  Investing in the creativity and innovation of our people.

Walling concedes people leaving Flint also helped improve the city's unemployment rate.

Flint's unemployment rate is still above state and national levels.

Economy
12:03 pm
Fri February 4, 2011

Unemployment rate drops to 9 percent

The unemployment rate fell .4 percentage points in January to 9.0%.

Keith Hall, the Commissioner of the Bureau of Labor Statistics said today:

In January, employment increased in manufacturing and retail trade, while job losses occurred in transportation and warehousing and in construction.  Employment in most other major industries changed little. Manufacturing employment grew by 49,000 over the month and has increased by 161,000 since a recent low point in December 2009.

The Associated Press reports:

The unemployment rate has fallen by eight-tenths of a percentage point in the past two months. That's the steepest two-month drop in nearly 53 years. But part of that drop has occurred as many of those out of work gave up on their job searches. When unemployed people stop looking for jobs, the government no longer counts them as unemployed.

Officially, there are about 13.9 million people in the country out of work. The AP says "that's still about double the total who were out of work before the recession began in December 2007."

The unemployment rate in Michigan stands at 11.7% as of December. New numbers should be out in the coming week.

Unemployment
6:36 am
Thu January 20, 2011

State jobless rate declines in December

Credit Khalilshah / Flickr
Michigan's December unemployment rate was 11.7 percent

Michigan's unemployment rate dropped in December to 11.7 percent. But, as Rick Pluta reports, the decline in the jobless rate was due mostly to people who have stopped looking for jobs:

Michigan’s unemployment rate dropped steadily throughout 2010. But there are still 555,000 people in Michigan who are out of work and looking for jobs. Half of them have been looking for six months or more.

There was little new hiring last month. The number of people who simply stopped looking for work is the biggest reason for the decline in the jobless rate. The state Department of Energy, Labor, and Economic Growth says the number of people who say they are available to work fell by 37,000.

When people who are looking for jobs, those who’ve quit looking, and part-time workers who’d like to be full-time are rolled together, Michigan’s rate of unemployment and under-employment is 21 percent.

Michigan’s unemployment rate in 2010 was 13.6 percent. That’s a drop of half a percentage point from the 2009 average.

Opinion
11:25 am
Tue January 4, 2011

Commentary: Between the Cracks

A former student sent me an e-mail a couple days ago that made me both happy for her and concerned about our state. She had been a “ninety-niner,” Beth confided, and her prospects looked bleak.

She worried about having to move back in with mom and dad. But then, on Christmas Eve, she got a job. “Not a glamorous job, but a necessary one,” she said.

That made me happy for Beth, but also reminded me that there are at least 162,000 other ninety-niners in this state who aren’t as lucky. Ninety-niners, by the way, are people who have exhausted their unemployment benefits.

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Politics
6:38 am
Fri December 17, 2010

U.S. House passes tax deal, bill now goes to President Obama for his signature

Capitol Building, Washington D.C.
The U.S. House passed President Obama's tax deal last night, the bill now goes to the President for his signature

The U.S. House of Representatives voted to extend Bush-era tax breaks and extend jobless benefits for the long-term unemployed yesterday.  The tax-deal was brokered between President Obama and leaders in the House and Senate.  The President is expected to sign the bill soon.  As The Associated Press reports:

In a remarkable show of bipartisanship, the House gave final approval to the measure just before midnight Thursday, overcoming an attempt by rebellious Democrats who wanted to impose a higher estate tax than the one Obama agreed to. The vote was 277-148.

Republican Congressman Dave Camp of Michigan told USA Today:

Congress made the right decision ... to prevent a job-killing tax hike on Americans and small businesses.

The U.S. Senate had already passed the bill with a 81-19 vote.

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Economy
11:50 am
Wed December 8, 2010

Researcher sees some signs of hope in Michigan's economy

George Erickcek is Senior Regional Analyst at Upjohn Institute
Credit Lindsey Smith / Michigan Radio
George Erickcek is Senior Regional Analyst at Upjohn Institute

Researchers at the Kalamazoo-based Upjohn Institute predict Michigan’s economy is stabilizing, but caution it will be a long road to a full recovery.

“We have to realize that what Michigan is coming out of is not a transformed economy, although all of us would like to think that’s true. We’re coming out a leaner economy, a little bit meaner and little bit more advanced but in fact just kind of a smaller version of what we were before, in my opinion.”

Senior Regional Analyst George Erickcek says full recovery will depend on the state’ ability to meet the demand for trained workers in growing industries. In a presentation to leaders in Grand Rapids Wednesday, Erickcek said 25 to 34 year-olds are not achieving the same education levels as the generation before them. That’s the case in Michigan and the nation.

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Unemployment benefits
9:06 am
Wed December 8, 2010

Granholm defends President Obama's tax 'compromise'

Governor Jennifer Granholm
Credit Photo courtesy of www.michigan.gov
Governor Jennifer Granholm

Governor Granholm says she supports President Obama’s compromise with Congressional Republicans on tax cuts.

Granholm said that the President got a ‘good deal’ by extending benefits for the long-term unemployed in exchange for the extension of Bush-era tax cuts.

Granholm said the deal will keep 180,000 people in Michigan from losing their income during the holidays:

I look at this as governor of the state with the second highest unemployment rate in the nation and I'm grateful to the President for being a pragmatic leader... the collateral damage here in Michigan from not extending the unemployment benefits would be horrific.

Granholm made the comments during a White House conference call yesterday afternoon.

News Roundup
9:07 am
Tue December 7, 2010

In this morning's news...

Unemployment benefits deal reached

President Obama says he has reached a deal with Republican lawmakers to extend unemployment benefits. 180,000 Michiganders were going to see their benefits expire by April if a deal was not reached. In exchange for the benefit extensions, Obama agreed to extend the Bush-era tax cuts at all income levels, including the wealthy. The New York Times reports that Obama said the deal is "not perfect, but this compromise is an essential step on the road to recovery." But a battle may still remain, congressional democrats say they have not agreed to any deal yet.

City bans medical marijuana

A fourth city has banned medical marijuana. Wyoming, a suburb of Grand Rapids, passed the ban last night in a unanimous city council vote. Michigan Radio's Lindsey Smith reports that Wyoming Mayor Jack Poll says the ban is not a rebuke of medical marijuana rather "this is a vote against the way it is being dispensed."  Medical marijuana dispensaries have been popping up in different parts of the state after voters approved the medical marijuana law in 2008. The dispensaries are often in nondescript storefronts. The Detroit Free Press reports that Mayor Poll, a pharmacist himself, says medical marijuana should be dispensed like other legal drugs, presumably at mainstream pharmacies.

State to honor Pearl Harbor Day

Governor Granholm is asking Michigan residents to lower flags to half staff today to honor Pearl Harbor Day.  Sixty-nine years ago this morning, Japan attacked U.S. Forces stationed at Pearl Harbor, Hawaii. 2,334 servicemen and servicewomen were killed. 1,143 were wounded. Granholm says the action also honors current  service men and women:

"We also salute the brave men and women currently stationed around the world, including those fighting in Iraq and Afghanistan, who are defending and protecting the freedom our nation holds so dear." 

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