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Old 05-24-2009, 09:31 AM
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Quote:
Originally Posted by krock1dk View Post
Ladies and gents.....the true unemployment statistics are much higher than reported. The unemployment rate is only measured by people at least age 16 LOOKING for a job, rather than actually not having one. The true percent of people actually unemployed is much higher--maybe even 25%. No one knows for sure.
Depression rates are 25%
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Old 05-24-2009, 09:32 AM
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Quote:
Originally Posted by zthatzmanz28 View Post
Seems folks will never be happy. Unemployment drops..people are grouchy.

Unemployment rises...people are grouchy..

Some say the state in the tubes...some say there are 8080 job openings on the west side.

Just wish we would all stop the bickering and accept the morbid facts for what they are.

My wife has been unable to find ANY job for quite awhile.

I was told I was being laid off in February and had several job offers before I was officially unemployed!
Wow you must be in a field where there is work.

Sorry your wife cant find a job.

The facts of the matter is that America is being turned into a third world nation, they have destroyed our manufacaturing base.
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Old 05-24-2009, 10:03 AM
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Location: Grand Rapids, MI
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Quote:
Originally Posted by krock1dk View Post
Ladies and gents.....the true unemployment statistics are much higher than reported. The unemployment rate is only measured by people at least age 16 LOOKING for a job, rather than actually not having one. The true percent of people actually unemployed is much higher--maybe even 25%. No one knows for sure.
The rate normally reported is the U3 rate. The rate that is more accurate is the U6 rate as it includes other categories.

To get a pretty good estimate of the U6 rate, multiply the U3 by 1.8.

12.9% X1.8 = 23.2% for the state of Michigan.

28.0% X1.8 = 50.4% for Mackinac County.

U6 for the state has a good chance of being in the 30-35% range by the end of the year. This would be the number one would use to compare with historical numbers like the Great Depression.
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Old 05-24-2009, 10:59 AM
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The numbers are bad and may get worse, and not to be critical but one thing I've noticed up here is if John Q Public loses his job it's viewed as the end of the world and the dispair and hopelesness set in.

One of the constant themes on this board is how Michigan needs to diversify it's economy but perhaps it's not the economy it's the individual. Long gone are the days where one can come out of high school, put 30 years in a factory, or take your college degree and expect to work in that industry for life.
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Old 05-24-2009, 11:25 AM
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The thing is Michigan is fighting for top spot with unemployment and loss of people and jobs. Yes there are other states that are hurting also, I do not see how this helps Michigan's desperate situation. Misery loves company I guess. Most of the jobs lost in Michigan are lost in factory and manufacturing. These are almost impossible to replace. Even the Wind generators are being now outsourced over seas. Diversifying the economy is something that should have been looked at in 1989 and aggressively pursued. It was not and Michigan finds itself in the situation it now is in. Many of the states that now find itself in the same situation as Michigan are more of a tourist based economies. These will come back eventually. Take Florida for instance, I have friends there and things are slowly turning around, not good yet but not still running wild down hill. Michigan does not have that prospect. 99% of the people who go to Michigan for vacations are those from the southern Michigan and Northern Ohio, Indiana factories. It took from 1980 to 1992 for Michigan to start to pull out of the last recession of any size. Michigan went into this one almost 2 years before most other states felt it, and will most likely not pull out if it in fact does pull out years after the other states start to recover.
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Old 05-24-2009, 11:31 AM
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Quote:
Originally Posted by xlabel View Post
The numbers are bad and may get worse, and not to be critical but one thing I've noticed up here is if John Q Public loses his job it's viewed as the end of the world and the dispair and hopelesness set in.

One of the constant themes on this board is how Michigan needs to diversify it's economy but perhaps it's not the economy it's the individual. Long gone are the days where one can come out of high school, put 30 years in a factory, or take your college degree and expect to work in that industry for life.
Good point.

It is also worth noting that in Michigan (and most other states for that matter), government works overtime to destroy incentives for individuals and businesses.

Here in West Michigan, the fruit harvest is in jeopardy since the state has not approved many places where migrants normally stay which means no one to pick the fruit. Of course there are hundreds of thousands of unemployed in the state, but it pays better to do nothing than to pick fruit.

When such policies have become normal, the collapse of a society is likely not far off.
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Old 05-24-2009, 01:26 PM
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Quote:
Originally Posted by allistercrowly View Post
[color=black]99% of the people who go to Michigan for vacations are those from the southern Michigan and Northern Ohio, Indiana factories.
I would really like to see where you get this "fact".
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Old 05-24-2009, 06:35 PM
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Quote:
Originally Posted by topshop View Post
Good point.

It is also worth noting that in Michigan (and most other states for that matter), government works overtime to destroy incentives for individuals and businesses.

When such policies have become normal, the collapse of a society is likely not far off.
Thats because MI is a state overrun with liberal Democrats who suck up to labor unions.
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Old 05-25-2009, 09:57 AM
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Originally Posted by Bydand View Post
I would really like to see where you get this "fact".
Do you need a citation for every common sense fact? I guess I would have to cite the sky is blue for you instead of telling you to look up. LOL I am going to reverse it on you, You research it and give me quotes and citations where I am wrong. I am not going to argue with every Michigan ostrich that comes down the Detroit River.

There are a few Harold Hill's here that are not worth talking to. Has anyone ever noticed that they are not contented to just to stay of topics and threads they do not like, they feel they have to dominate and make every one see things like they do. I have read many of the posters such as the one quoted from above from a few years ago. They have been saying that Michigan is not doing bad up until they could not deny it at all.
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Old 05-25-2009, 12:41 PM
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That isn't a "common sense" fact, it is your lame attempt at a slam toward a State you hate. I am NOT the one who is making the claim that 99% of the tourists are from those areas, you are, that places the burden of proof on you.

I never said the State wasn't doing bad, just not as doom and gloom as you are trying to make it out to be. I will still stand by that statement. I HAVE said I personally am doing better now than ever in the past and it is a direct result of moving BACK to Michigan.

You have read posters such as myself for a couple of years now? How is that? You have been a member since February of this year...?

Welcome to the ignore feature, which I am sure you are already there under a couple of different names. I get tired of reading your false "facts" and your argumentative posts directed towards a State you hate with a passion, but spend an extraordinary amount of time on its forum.
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