While there are U.S. states that have a greater decline in job opportunities than other states, Michigan is amongst the worst of the worst. Most of the problems are culminating in the bankruptcy of its biggest city, Detroit. With the drama surrounding the city and the state, the pending decisions of how the city can free up funds to rebuild, and if the state will reinvest in the city, there's really no room for Michigan to grow in terms of job opportunities right now. The state never fully recovered from the last major recession. And with the crisis of the auto industry moving overseas, there is no real answer to the declining job market in Detroit.
Ian Aronovich, Co-founder and CEO
GovernmentAuctions.org
According to the Bureau of Labor Statistics, four states suffered significant job losses from June 2013 to July 2013. New Jersey lost 11,800 jobs , Nevada lost 10,200 jobs, Maryland lost 9,200 jobs, and New Hampshire lost 3,200 (numbers are seasonally adjusted).
In the month of March, the majority of the states with the highest job losses were located in the Midwest. Ohio lost 20,400 jobs, Illinois lost 17,800 jobs, Indiana lost 12,400 jobs, Missouri lost 8,600 jobs, and Wisconsin lost 8,500 jobs (numbers also seasonally adjusted).
David Bakke
Money Crashers
