Quote:
Originally Posted by Grumpy
There were some areas in Michigan that nearly hit 30% unemployment. I think we are averaging about 10-10% still. Its going to take a lot of time for everything to stabilize. All we can do is wait it out..
|
That's right. Here in VA, it has gotten slightly worse, close to 8% now. It had hovered around 7% for a while. I suspect that if the congress is serious about government service and defense cuts that we'll be hit pretty hard. For a state full of wingnuts who hate the federal government, they sure don't seem to mind all of the money the federal government spends here. Without it, we wouldn't be left with much.
BTW, I thought there were areas of MI that stay around 20%, even on a good year?
Dave