View Full Version : Unemployment Rate up to 5.1%


cutetexancowgirl2002
04-04-2008, 12:57 PM
I found an article on Yahoo that says that employers slashed 80,000 jobs last month! Unemployment rates are up to 5.1%!

http://biz.yahoo.com/ap/080404/economy.html

mmy2grls
04-04-2008, 04:44 PM
businesses are closing. It's so hard to find jobs because teenagers are competing with adults. It's nuts in Michigan

mombottoo
04-04-2008, 05:18 PM
According to Sen. Hoekstra the ur in Michigan is like 6.8%...our residents would give anything for 5.1%. Our jobs will continue to disappear if the gov't allows American companies to move their operations out of the country without penalizing them for doing so. IMHO

cissylu
04-04-2008, 10:01 PM
That`s awful and most people are haveing such a hard time.

nodmicks
04-04-2008, 10:09 PM
I heard that on the radio today. Our area is 4.8 at the moment.

sueh
04-05-2008, 12:08 PM
It is really sad.

My company made an announcement that they were closing this May. They laid off employees in waves. The first wave was November, then January and then Feb. 95% of the people that were laid off still do not have a job as of yet.
I have been very fortunate as they decided that they were going to keep the remaining employees and keep the facility open. It's crazy as there is only 14 of us and 1 employee in England.

Athena31
04-05-2008, 10:59 PM
It really stinks that the rat eis so high. Especially since now is just when the prices of everything keep going up and up. Many people are just barely hanging on as it is. Loosing a job or not even being able to find one is crushing.

Lora88
04-06-2008, 11:07 AM
i am one of the 80000 that lost their job in march i have been going on interviews but there is usually 7 people for each job i hope to find something soon but it doesnt look too promising but what doesnt kill us makes us stronger to all in the same boat keep your chin up

Sonnenwende
04-10-2008, 09:47 AM
According to Sen. Hoekstra the ur in Michigan is like 6.8%...our residents would give anything for 5.1%.

I know. Where I lived in Germany, unemployment was the highest in the region at 14-15%! 5% doesn't seem all that terrible anymore in comparision, though we all would wish for full employment. I have seen quite a few more homeless lately where I used to see none. :/