Turn Around For Michigan Unemployment?

By: Chris Sutter Email
By: Chris Sutter Email

David Stroner considers himself the poster child for unemployment in Michigan.

He was a veteran at a company that makes metal parts for other factories, then out of nowhere-- it was over.

"Our business had a severe downturn," Stroner explains.

Leaving him out of work for six pretty scary months.

"As the third, fourth, and fifth month came around....yeah we were worried," he says.

Until just a few weeks ago, when he saw Metalist International in Lansing was actually hiring. A turn around for the company...

"Customers are demanding performance and getting their machines back up and running-- making product," Stroner explains.

That has experienced lows just like everyone else in the manufacturing sector-- until recently.

That coupled with the latest decrease in the unemployment percentage across the country could mean the beginning of the end of a very dark period for mid-Michigan says Economist Charles Ballard.

"Every time we see signs that the national recession is easing-- that will be ultimately good for Michigan," Ballard tells us.

But just because the unemployment numbers are down instead of up for once, doesn't mean we're out of the woods, Ballard says true recovery takes time.

"The job market will stabilize, maybe not immediately, but sometime in the foreseeable future," Ballard explains.

Something that no economist would've said a few months ago, and while it may be hard to keep a possible turn around in mind when several of us are still suffering, Ballard says better days are ahead.

"People will start buying cars, and generally a whole bunch of economic activity will pick up," Ballard explains.

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  • by JB Location: Jackson on Aug 11, 2009 at 11:16 AM
    Yeah, the unemployment rate has stopped going up but it is not going to go down either. There are still alot of people out there with no jobs. In time it will go down as peoples unemployment runs out but that will be why it goes down not because people are back to work. There is still only a limited supply of jobs and there is just not enough of them to go around.
  • by Anonymous on Aug 9, 2009 at 07:10 AM
    Michigan will be one of the last states to get jobs.Many have ran out of unemployment and who knows what has happened to them.We do know many have lost homes,yet home prices remain to high still.Many do not want to even think about buying any big items.Many can't even pay bills.The cash for clunkers is going to hurt things in the end but help car companies and unions.There are a lot of people who could use a car.Many poor are driving death traps but can't afford a decent car.The clunkers in many case are perfectly decent cars.Guess the gov needs metal and wants it cheap.Your not really getting 4,500.$ for the car your buying.I'm sure the gov said raise prices to make it look like your getting a deal.After all they do now have part ownership in the auto bussiness.People will fall for anything.They've offered first time home buyers a deal on homes.It keeps home prices up and makes sales look good.All bills will follow when you buy and taxes will be high sooner or later.False hope.
  • by The Ballard Ballet on Aug 8, 2009 at 05:53 AM
    Mr. Ballard is a joy to read. He always tries to put a positive spin on the economy. Makes me feel warm and fuzzy all over. He must be one of those glasses are half full individuals. Guess what I don't need an economist to give me a forecast, save that for the weatherperson. We know what will be best for our economy and that is consumer spending (consumer confidence- thats the government way of saying get off your %#$ and buy)but until our government quits social engineering our purchasing behavior and moving us toward a progressive agenda I could give a rats %$# about Mr. Ballards forecasts.
  • by Anonymous on Aug 8, 2009 at 05:41 AM
    Well if our USA government would of stopped jobs from going overseas so rich cats could get cheap labor this would not be going on in the USA.JOB LOSS,that is.If utilities,rents,home prices,insurances,doctors fees,hospital fees,food prices,used car prices,new car prices,property taxes,gas prices,cigg prices,taxes on many things ect,would of NOT WENT UP AND UP,while wages didn't GO up,we would not have alot of the problems we are now.Prices must equal wages.To high of wages destroy companies.Look at the auto bussiness.If we just base prices on what the high waged people can pay,it destroys people along with the economy.We see the problem now as many HAVE NO JOB.Look what we have lost over greed of so many.All good things must come to an end.It's not fair that just a few should suffer,the ones that didn't even cause the problem,that is.Fair is fair and now it's someone elses turn.
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