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Shutting Detroit Down

Posted in January 3rd, 2010
by hallslug in Big Three, Detroit, Economy, IBEW Jobs, Michigan, Slug Notes, Unemployment, Videos

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Ford Offers Buyouts to All UAW Workers

Posted in December 21st, 2009
by hallslug in Big Three, Detroit, Michigan, Middle Class

Ford Offers Buyouts to All UAW Workers
DETROIT, Dec 21 (Reuters) - Ford Motor Co (F.N) said on
Monday it is offering its 41,000 U.S. factory workers buyouts
and early retirement offers in a bid to reduce its payroll
costs as it aims to return to profit by 2011.
The buyouts mark the second round of such offers [...]

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End of the Line for Pontiac Assembly

Posted in October 1st, 2009
by hallslug in Detroit, Economy, IBEW Jobs, Michigan, Middle Class, Unemployment

End of the Line for Pontiac Assembly Plant
This year, thousands of Michigan families are losing their jobs with the Big Three automakers and their suppliers. On Tuesday alone, Pontiac Assembly Center, the last assembly line in the scrappy capital seat of Oakland County, built its last truck. It is one of seven factories that General [...]

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MI Unemployment Hits 15.2%

Posted in July 15th, 2009
by hallslug in Detroit, Economy, IBEW Jobs, Michigan, Middle Class, Unemployment

Michigan Unemployment Up to New Record 15.2%
Michigan’s seasonally adjusted unemployment rate in June rose one and one-tenth percentage points to 15.2 percent, according to data released Wednesday by the Michigan Department of Energy, Labor & Economic Growth.
The total number of unemployed in the state reached 740,000 in June, the highest monthly total in Michigan’s current [...]

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MI Will Shed 300K More Jobs This Year

Posted in July 6th, 2009
by hallslug in Detroit, Economy, IBEW Jobs, Michigan, Middle Class, Unemployment

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 [...]

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MI Finally Catches a Break

Posted in June 29th, 2009
by hallslug in Big Three, Detroit, Economy, IBEW Jobs, Michigan, Middle Class, Unemployment

In a refreshing change, the Big Mitten wins

Two industrial icons, one of them partially crippled, shined on Michigan today. Bankrupt General Motors Corp. said it would locate its new small car plant at Orion Township, a move that will save a few thousand manufacturing jobs and keep an endangered stamping facility in Pontiac alive — [...]

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Ford Gets Retooling Loans

Posted in June 23rd, 2009
by hallslug in Big Three, Detroit, IBEW Jobs, Michigan

Ford to Get Retooling Loans
Ford Motor Co. will today become the first Detroit automaker to receive loans from the U.S. Department of Energy to help cover the cost of developing and building more fuel-efficient cars and trucks, according to people familiar with the decision.
In its application to the Energy Department, Ford said it would use [...]

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