When we lived in New Orleans years ago I heard a lot of criticisms and putdowns about the city and the state of Louisiana. The job market is terrible, the economy is one of the worst in the country, it's a welfare state and nothing more...etc. Make no mistake, New Orleans and Louisiana have their fair share of problems. But guess what state has the highest unemployment in the country?
The answer is Michigan...at a whopping 8.5%. To compare the national average is 5.5%.
Here's an article that appeared in the Detroit News. Job cuts in manufacturing and workers leaving the state are among the reasons for the high percentage. No one seems to have an answer up here about what to do. The governor spouts out incentive plans time after time to attract small businesses to the state but there's little she can do when the big three auto manufacturers continue job cuts month after month. Ford, Chrysler, and General Motors all collectively decide Michigan's fate, not the governor.
What happens with the big three and the city of Detroit affects the entire state, and we'll see what the future holds for all. But as of right now things will continue to get worse before they get any better.
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