Unemployment in Michigan



Unemployment in Michigan

Introduction

Michigan is a state located in the Northeastern United States. The alarming issue of unemployment in Michigan becomes a source of concern for the entire American economy. Unemployment rates in labor markets are rising at a rapid pace, while Michigan fell prey to seasonally unadjusted jobless rates. While many jobs were lost in leisure services and hospitality, and construction; there were some added to the retail trade and education areas. This trend, on an overall basis, demonstrates that the loss of jobs is still huge and that the economy is still declining (Western & Beckett, 1999). ...