Author Topic: Oregon and Michigan push past 12% jobless  (Read 714 times)

Bindare_Dundat

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Oregon and Michigan push past 12% jobless
« on: April 20, 2009, 07:37:48 AM »
Unemployment rises in 46 states and D.C.; Michigan leads nation at 12.6%, while Oregon shoots to second worst at 12.1%.

NEW YORK (CNNMoney.com) -- The government on Friday released another sobering report on the jobs crisis, with the unemployment rate rising in 46 states and pushing past 12% in Michigan and Oregon.

Michigan led the list with a jobless rate of 12.6 in March, up from 12% the prior month.

But the most dramatic increase was in Oregon, which went from 10.7% to 12.1% - the second-highest among the states.

Oregon was followed by South Carolina, at 11.4% in March, and California, at 11.2%.


Soul Crusher

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Re: Oregon and Michigan push past 12% jobless
« Reply #1 on: April 20, 2009, 07:54:26 AM »
Unemployment rises in 46 states and D.C.; Michigan leads nation at 12.6%, while Oregon shoots to second worst at 12.1%.

NEW YORK (CNNMoney.com) -- The government on Friday released another sobering report on the jobs crisis, with the unemployment rate rising in 46 states and pushing past 12% in Michigan and Oregon.

Michigan led the list with a jobless rate of 12.6 in March, up from 12% the prior month.

But the most dramatic increase was in Oregon, which went from 10.7% to 12.1% - the second-highest among the states.

Oregon was followed by South Carolina, at 11.4% in March, and California, at 11.2%.



I thought there were glimmers of hope????

SAMSON123

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Re: Oregon and Michigan push past 12% jobless
« Reply #2 on: April 20, 2009, 09:13:17 AM »
Both Oregon and Michigan were states already HARD HIT by unemployment long before this orchestrated financial collapse. Michigan was well in the twenties BEFORE the collapse and Oregon was in the high teens. Now I expect Michigan to be in the thirties and Oregon in the twenties as things worsten. Everyone should watch that video of Michigan as Ground Zero for the economic collapse on Youtube and realize that what's being seen is the DOWNTOWN area of Detroit (business district) If your business district fails your whole state fails and with Detroit, Flint, Lansing, Highland, etc etc and all the other MAJOR areas of Michigan failing like it is...THERE IS NO HOPE FOR RECOVERY (you hear that Obama)....
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Soul Crusher

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Re: Oregon and Michigan push past 12% jobless
« Reply #3 on: April 20, 2009, 09:15:02 AM »
What about the "electric cars" , "green jobs" , and 4 million other jobs that were promised?

MuscleMcMannus

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Re: Oregon and Michigan push past 12% jobless
« Reply #4 on: April 20, 2009, 09:18:11 AM »
Both Oregon and Michigan were states already HARD HIT by unemployment long before this orchestrated financial collapse. Michigan was well in the twenties BEFORE the collapse and Oregon was in the high teens. Now I expect Michigan to be in the thirties and Oregon in the twenties as things worsten. Everyone should watch that video of Michigan as Ground Zero for the economic collapse on Youtube and realize that what's being seen is the DOWNTOWN area of Detroit (business district) If your business district fails your whole state fails and with Detroit, Flint, Lansing, Highland, etc etc and all the other MAJOR areas of Michigan failing like it is...THERE IS NO HOPE FOR RECOVERY (you hear that Obama)....

That's not true at all.  Oregon was so far relatively immune to the recent financial catastrophe and housing collapse.  What you're seeing is the ripple effects starting.  Oregon is a huge logging state.  The slowdown is now starting to affect them.  California was at the top for so long for unemployment because it was hit first by the mortgage and banking collapses.  What you're seeing now is the second wave of catastrophe affecting other areas of the country.  Michigan is of course being hit hard because it's major industry is automotive.  

Michigan and Detroit is been on the downturn for years though.  The automotive industry has been collapsing for decades.  Oregon is has usually weathered dips in the economy pretty well.  To jump up to number two unemployment is pretty unfortunate.  

SAMSON123

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Re: Oregon and Michigan push past 12% jobless
« Reply #5 on: April 20, 2009, 09:25:52 AM »
What about the "electric cars" , "green jobs" , and 4 million other jobs that were promised?

Yeah right...wait on it. I have more faith in th eTOOTH FAIRY than the creatio of any greenjobs, electric cars etc
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Hereford

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Re: Oregon and Michigan push past 12% jobless
« Reply #6 on: April 20, 2009, 09:30:21 AM »
I was in Oregon this past weekend. Most of the economy in the area I was in had transferred from things like logging, mining and agriculture into a service-based industry economy. Services get nailed when times get tougher. Lots of unemployment there, that's for sure. I want to move there but there ain't shit for jobs.

SAMSON123

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Re: Oregon and Michigan push past 12% jobless
« Reply #7 on: April 20, 2009, 09:43:37 AM »
That's not true at all.  Oregon was so far relatively immune to the recent financial catastrophe and housing collapse.  What you're seeing is the ripple effects starting.  Oregon is a huge logging state.  The slowdown is now starting to affect them.  California was at the top for so long for unemployment because it was hit first by the mortgage and banking collapses.  What you're seeing now is the second wave of catastrophe affecting other areas of the country.  Michigan is of course being hit hard because it's major industry is automotive.  

Michigan and Detroit is been on the downturn for years though.  The automotive industry has been collapsing for decades.  Oregon is has usually weathered dips in the economy pretty well.  To jump up to number two unemployment is pretty unfortunate.  

Oregon has had a HUGE unemployment problem for years. They also are burdoned by a huge homeless problem due to unemployment. Oregon also has a HUGE drug problem which has many thousands of people living on the streets with many of these people being kids, teenagers and young adults. For a while Oregon and especially Seattle was a hot spot for technology, then the starbucks craze and various other industries...then came the dot com collapse, then the technology collapse as business shipped off to India and China, then the constuction industry failure etc etc. Oregon was put through the wringer in a relatively short time and out of it came unemployment, poverty, homelessness and drug abuse.

Michigan was hit more than a decade ago as the automobile industry started moving to Canada, Mexicao or having many parts made in China, Taiwan, Korea etc. There is a Michael Moore film called ROGER AND ME where he talks about the destruction and unemployment in Michigan due to the greed of the auto industry and its moving to other countries where labor is cheap... In the process Michigan's unemployment rate sky rocketed to more than 50% in many places, homes were abandoned, schools closed, businesses failed and the state sufered. Well that was over a decade ago when things were good in america now things are worst..and like wise those Michigan and Oregon statistics have become FAR WORST...
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Soul Crusher

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Re: Oregon and Michigan push past 12% jobless
« Reply #8 on: April 20, 2009, 09:46:35 AM »
I just love the nonsense they are talking on CNBC, Obama, the news about the end is near, good times coming back soon, etc.

What lies.

Hereford

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Re: Oregon and Michigan push past 12% jobless
« Reply #9 on: April 20, 2009, 09:55:47 AM »
Oregon has had a HUGE unemployment problem for years. They also are burdoned by a huge homeless problem due to unemployment. Oregon also has a HUGE drug problem which has many thousands of people living on the streets with many of these people being kids, teenagers and young adults. For a while Oregon and especially Seattle was a hot spot for technology, then the starbucks craze and various other industries...then came the dot com collapse, then the technology collapse as business shipped off to India and China, then the constuction industry failure etc etc. Oregon was put through the wringer in a relatively short time and out of it came unemployment, poverty, homelessness and drug abuse.

Michigan was hit more than a decade ago as the automobile industry started moving to Canada, Mexicao or having many parts made in China, Taiwan, Korea etc. There is a Michael Moore film called ROGER AND ME where he talks about the destruction and unemployment in Michigan due to the greed of the auto industry and its moving to other countries where labor is cheap... In the process Michigan's unemployment rate sky rocketed to more than 50% in many places, homes were abandoned, schools closed, businesses failed and the state sufered. Well that was over a decade ago when things were good in america now things are worst..and like wise those Michigan and Oregon statistics have become FAR WORST...

Oregon has a high homeless population because of a good climate and liberal social programs. A lot of the 'homeless' kids you talk about are middle-class psudo-hippie kids in Eugene and Portland. Not really homeless. Unemployment does not necessarily equate to homelessness, drug abuse and poverty.

SAMSON123

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Re: Oregon and Michigan push past 12% jobless
« Reply #10 on: April 20, 2009, 10:59:34 AM »
I just love the nonsense they are talking on CNBC, Obama, the news about the end is near, good times coming back soon, etc.

What lies.

I guess if when they say "the end is near" they actually mean THE END OF AMERICA IS NEAR...then yeah...the end is near.

"Good times returning"...returning to where? It took nearly two decades and a MAJOR WAR to get america out of the depression in 1929 and back then there was lots of manufacturing to help that process. Now there is little to no manufacturing in america, businesses failing everywhere, unemployment will soon be on par with the depression, how is america going to COME BACK????
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Soul Crusher

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Re: Oregon and Michigan push past 12% jobless
« Reply #11 on: April 20, 2009, 11:01:55 AM »
I guess if when they say "the end is near" they actually mean THE END OF AMERICA IS NEAR...then yeah...the end is near.

"Good times returning"...returning to where? It took nearly two decades and a MAJOR WAR to get america out of the depression in 1929 and back then there was lots of manufacturing to help that process. Now there is little to no manufacturing in america, businesses failing everywhere, unemployment will soon be on par with the depression, how is america going to COME BACK????

I fit the profile of Napolitano's extremist and glad I got my stuff when I could.

The disgusting thing to me is that Obama is promting us going to the reckless behavior that got us in this mess in the first place, spending endlessly on credit, on every level. 

This idiot comes out and asks us to start spending again???

WTF???

Its a good thing that people are paying down debt and saving.

Hereford

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Re: Oregon and Michigan push past 12% jobless
« Reply #12 on: April 20, 2009, 12:26:17 PM »
I fit the profile of Napolitano's extremist and glad I got my stuff when I could.

The disgusting thing to me is that Obama is promting us going to the reckless behavior that got us in this mess in the first place, spending endlessly on credit, on every level. 

This idiot comes out and asks us to start spending again???

WTF???

Its a good thing that people are paying down debt and saving.
[/b]

Where did you get this from? People are spending more than they are making for like the 10th straight year last I heard...

The average person isn't saving jack shit. I fall into this category, as I operate right on that break even level. This is in Cali however, where you lose about 50% of everything you make via some tax or fee...

Soul Crusher

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Re: Oregon and Michigan push past 12% jobless
« Reply #13 on: April 20, 2009, 12:27:23 PM »
[/b]

Where did you get this from? People are spending more than they are making for like the 10th straight year last I heard...

The average person isn't saving jack shit. I fall into this category, as I operate right on that break even level. This is in Cali however, where you lose about 50% of everything you make via some tax or another...

I have read aritcles recently as a week ago that peopl eare paying down cards more often now.