Michigan no longer in a "Depression." Now enters "State of Emergency."

Full story: caps.fool.com

June 18, 2009 - Comments F How bad was the Month of MAY for Michigan?A After seeing April leap to 12.9% unemployment you'd probably guess somewhere around 13.3% unemployment or an increase of +.4%.A You would be wrong by +.8%. Michigan's unemployment level has now escalated from a Depression to a level best described now as a "State of Emergency."A ...

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