Verified Document

Unemployment Rate Difference Of Michigan Thesis

For example, one Pontiac Assembly plant in Pontiac, Michigan, "was running three consecutive eight-hour shifts, employing 3,000 people and making 1,300 trucks a day," in 2003, but in the summer of 2009, the plant had only 600 workers and "was running just one shift" (Mahler 2009, p.1). As a result of the failure of GM, the housing bubble, and the explosion of easy credit and 'creative' financing, many Michigan residents "have their homes foreclosed -- Detroit has one of the highest foreclosure rates in the nation" (Mahler 2009, p.2). Of course Illinois was not exempt from the effects of the recession. But Illinois' unemployment rate, while high, is not unusually high compared with other states in the region: "the Midwest and West both had jobless rates...

No Midwestern states were immune from the crisis, given the spill-over effects of Michigan's failure and the housing crisis' effects upon these regions. But Illinois' economy was always far more diverse, and therefore far hardier, than Michigan's.
References

Mahler, Jonathan. (2009, June 26). G.M., Detroit and the fall of the black middle class.

The New York Times. Retrieved January 20, 2009 at http://www.nytimes.com/2009/06/28/magazine/28detroit-t.html?_r=1

Michigan unemployment tops 15%. (2009, July 17) CNN.com Retrieved January 20, 2009 at http://money.cnn.com/2009/07/17/news/economy/state_unemployment_report/index.htm

Sources used in this document:
References

Mahler, Jonathan. (2009, June 26). G.M., Detroit and the fall of the black middle class.

The New York Times. Retrieved January 20, 2009 at http://www.nytimes.com/2009/06/28/magazine/28detroit-t.html?_r=1

Michigan unemployment tops 15%. (2009, July 17) CNN.com Retrieved January 20, 2009 at http://money.cnn.com/2009/07/17/news/economy/state_unemployment_report/index.htm
Cite this Document:
Copy Bibliography Citation

Related Documents

Problems Fostering Unemployment in America
Words: 1707 Length: 4 Document Type: Essay

Unemployment in America Policy makers in the United States continuously seek the silver bullet(s) -- plural solutions because there is clear recognition that the issue is multifaceted -- that will achieve healthy levels of employment in the nation. Certainly there some paths to increasing employment in the country are less expensive than others, and proposed solutions range across a wide array of complexity and practicality. Invariably, today, education becomes a focal

Economics Country Analysis
Words: 3685 Length: 10 Document Type: Research Paper

Economics - Country Analysis Country Overview and Current Events (News) Ethiopia, traditionally known as Abyssinia, is a landlocked Sub-Saharan country located at the Horn of Africa in East Africa, bordering Somalia, Kenya, Eritrea, Djibouti, Sudan, and the newly-created South Sudan. It covers approximately 1,126,829km2 of land; about the size of the state of Texas, and was, until the split of Sudan, the second-largest country in Africa. Being landlocked, Ethiopia largely relies on

Satisfaction of Registered Nurses Kovner,
Words: 1646 Length: 6 Document Type: Research Proposal

The researchers believe that future research should include studies with large enough sample sizes to assess whether factors associated with satisfaction vary by subgroup such as new graduates in the first year of practice. For instance, the study included mostly white females, leaving the reader to wonder if males or people from different ethnicities or from different age groups have their own unique criteria for work satisfaction. Supporting this

Work Opportunity Tax Credit Wotc ,
Words: 4903 Length: 17 Document Type: Thesis

Rather than being idle and receiving public benefit, individuals of working age typically prefer completing useful work. Mark P. Altieri, an associate professor of accounting at Kent State University, Kent, Ohio, and Jason A. Rothman, (2006), an associate at Wickens, Herzer, Panza, Cook and Batista, note a number of enhancements to WOTC in the article, "Surviving Katrina: Tax breaks for victims of the costliest catastrophe in American history." According to

Learning Styles and College Students
Words: 4864 Length: 15 Document Type: Term Paper

Community Colleges in America In 1983 and 1984, a dozen major reports on the United States' schools were published. All stressed the need for "excellence" in education. These reports are the subject of: Excellence in Education: Perspectives on Policy and Practice. The reports pertaining to higher education were published by The BusinessHigher Education Forum, and saw higher education as "unable to train skilled managers and technicians that they believed industry needed."

2012 Presidential Election: President Barack Obama Vs. Governor Mitt...
Words: 2342 Length: 8 Document Type: Essay

Presidential elections in the U.S.A. The United States Presidential election that was held on 6th November, 2012 was the 57th in the United States history. Such elections are held after every four years. The Democratic Party nominee was President Barack Obama while his running mate was Vice-President Joseph Biden. Both were re-elected for a second term in office. Former Massachusetts Governor Mitt Romney and his running mate Paul Ryan were President

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now