January 2011

Recipe for Detroit Michigan "Unemployment Surprise"

A little dash of this and that...

So, looking through various sources some of the scariest headlines for Detroit (as recently as last year) are "Detroit Unemployment Reaches Nearly 50%" and "Detroit Job Outlook Grim", as a job hunter in the area (or even an employed person who is not) these are terrifying headlines. When looking at the data from the Detroit-Livonia-Dearborn, MI U.S. Bureau of Labor Statistics things don't actually look THAT bad - but they are certainly not what would be considered good. The unemployment rate from June 2010 through the projected numbers of November 2010 actually got better with a high of 16.5% to the current projected November 2010 statistic of 13%. This is good news, right? Well... maybe not.