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Michigan’s economy is declining, and unemployment rates are increasing. Globalization, education, and our automobile industry have had a huge impact on our employment rates, and neither one is going to let up anytime soon
Member rating: No Rating | Words: | Submitted: Tue Oct 17 2006
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Unemployment Rate in Michigan Where do you see yourself working in the next five years? Hopefully working for a major company making a lot of money. The job industry unfortunately has gradually decreased over the years in the United States, making it difficult to keep a steady job, or to even find a good one. Due to increased globalization, lack of education, health care prices, and the automobile industry, the unemployment rate has risen to a steady 6.7% in Michigan alone. Michigan currently has one of the highest unemployment rates in the United States, and shows no sign of improving. Michigan's profits may be growing, but no companies seem to be hiring. Manufacturing jobs for one are skyrocketing, but instead of hiring more workers they are sending them across seas to work in other countries. This process of sending employees across seas to work is called globalization. Globalization means the tendency of...
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