MI Will Lose Another 300K Jobs This Year

Michigan’s long series of job losses will cease in 2010, marking a 10-year slide that will have cost the state 950,000 jobs, or 20 percent of its work force, according to a mid-year forecast by a two influential University of Michigan economists.

But job losses remain fierce until then.

The state will lose about 311,000 jobs this year — the most in a single year since at least the 1950s. Non-manufacturing jobs, 71 percent of the state’s labor market, will account for more than half of the job losses this year, the report predicts.