Thursday, 8 September 2011

Detroit's jobless decline - The Big Three Automakers not big any more.

Four years ago, the top five Detroit employers included the Big Three Automakers.  Last winter the top five were the Detroit Public School system; the City of Detroit; the Detroit Medical Center; the Henry Ford Health System .. and the US government.  How the mighty have fallen.  55% of the jobs in the City of Detroit are public service.  It's not a big city any more (713,000).

The official unemployment rate is 14.1% but may be more than twice that.

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