Depressing Stat of the Day
Okay, this pretty much blows my mind...
As for Detroit itself, the official unemployment rate was 14.1 percent in July; the true unemployment figure in the city might be as high as an astounding 50 percent. The Big 3 automakers were the city’s top employers as recently as 2007; as of November 2010, the city’s five top employers were the Detroit Public School system; the City of Detroit; the Detroit Medical Center; the Henry Ford Health System (a non-profit, managed care health care organization); and the US government.But remember, the auto bailout was a raging success. Nothing else to see here, just move along.
Labels: auto bailout, economy sucks
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