Tag archive for ‘gm’
National economic trends hit home
With the state unemployment rate at 8.9 percent in August, foreclosure rates skyrocketing, and an insufficient minimum wage, Michigan’s economy is facing what financial analysts are calling the worst recession since the Great Depression, an outcome that has been developing for nearly a decade.Analysts at the University of Michigan say the state has endured seven [...]
GM restructuring: a “benefit” for Michigan?
A bad economy has even forced the troubled auto manufacturer to consider eliminating or releasing its once-championed Hummer SUV line.
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