July 3, 2009
Michigan on path to lose 310,700 jobs
University of Michigan economists predict the state's labor market will lose 310,700 jobs in 2009, a sharp increase over a previous prediction.
In November, predicted job losses numbered 108,000, the Detroit Free Press reported Friday.
By the end of the decade, Michigan could lose 950,000 jobs or 20 percent of its labor market, the newspaper said.
Michigan University economist George Fulton said,
a better year is anticipated for 2010, but still not a very good one.