Jul 21, 2008
Good news for Michigan: bad news for Republicans
Here’s some news you will not hear from the rightwing bloggers, actually blogger, since they have only one: Michigan was one of six states to record significant job gains between May and June, according to figures released Friday by the U.S. Bureau of Labor Statistics.
We hear with glee and loud cheers from the right when Michigan has a high unemployment rate, the highest in the country they love to tell us. It’s kind of sad when they cheer when Michigan goes through hard times.
According to the BLS press release, the job gains totaled 16,700, which meant Michigan added the second highest number of jobs, statistically speaking. Texas added the most jobs with 47,700, followed by Wisconsin with 8,200, Ohio with 7,900, Oklahoma with 7,700 and New York with 7,300. This is despite the state’s largest employer starting another round of massive layoffs.
It’s hard for me to understand how the governor, any governor, can be blamed for the state's largest employer losing market share, and how a governor can be blamed for the state’s dismal economy when they cannot change or alter the two most important factors that effect the economy: trade policy and monetary policy.
Many of those jobs will come from Michigan adding 800 new jobs through a Dow joint venture and 3,798 jobs through multiple companies receiving tax incentives and brownfield development projects, but the GM layoffs will most likely offset those gains.
Despite the cheerleading from the right for Michigan to do badly, the state has had higher unemployment in recent years. The modern high of 16.9 percent unemployment was reached in November 1982. In fact, it stayed in double digits until 1985, and the unemployment rate stayed at least 8 percent until 1988.