at least we really, really hope it's the last
The Lansing State Journal reports that Michigan's leading economists warned Thursday that more tough times lie ahead: more plant closings, more layoffs, fewer jobs - at least through 2007. State officials project Michigan's unemployment rate will average 7.1 percent this year and next (up nearly 1% from November 2005). Regarding auto industry predictions, Sean McAlinden, chief economist for the Center for Automotive Research said: "GM will soon become the size of Ford; Ford will become the size of Chrysler, and Chrysler, thank God, will stay the size of Chrysler."
Also see Granholm: Michigan Is the Center of 21st Century Innovation from the MEDC

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