Northern Initiatives Press Releases:
News for the month of July was more bad than good on the jobless front. The 46 Michigan counties in our service area mostly saw jobless rates rise. That was true in 38 counties. Only 6 counties saw a reduction in the jobless rate with two counties remaining the same. I am interested in your takes as to why the jobless rate went higher in so many places. If you have thoughts please share them.
For Northern Initiatives it has been a good seven months. We are on a pace to have a record year in loan volume. Stay tuned.
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MICHIGAN ▪ UPPER PENINSULA |
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| County Name | Pop.
2010 US Census |
Median HH Income
2010 US Census $51,914 |
% of State Median HH
Income 2010 US Census |
Un-employment Rate
July, 2012 US 8.3% |
Poverty Rate
2006-10 US Census 13.8% |
Children in Poverty (0-17)
2009 Kids Count Mi Data Book |
%
Bachelors Degrees; Adults over 25 2006-2010 Census 27.9% |
Women
Owned Firms 2007 Census 28.8% |
| Michigan Total |
9,883,640 Red= decline between 2000 and 2010 (.6%) |
$48,432 Bold means increase in % to Mi since 2009
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RED=<80% Blue =80 to 90% Black = 90 to 100% Green => 100% |
July, 2012 9% MI-DLEG Red= higher than the Mich. Jobless Rate |
14.8% Red = higher than the Mich. Poverty Rate |
22.2% Red = higher than the Michigan Poverty Rate |
25% Red =<25% Bold increase since last report |
30.4% Red =<30.4% _ Data suppressed or sample size too small |
| Alger | 9,601 (-2.6) |
$38,262 |
79% |
9.5% |
12.3% |
20.3% |
16.9% |
– |
| Baraga | 8,860 1.3% |
$40,541 |
83.7% |
16.3% |
12% |
23.6% |
11.4% |
– |
| Chippewa | 38,520 (-.1) |
$40,194 |
83% |
10.8% |
17.7% |
22.2% |
18% |
23.2% |
| Delta | 37,069 (-3.8) |
$41,951 |
86.6% |
9.4% |
12.7% |
19.3% |
18.7% |
– |
| Dickinson | 26,168 (-4.7) |
$42,586 |
87.9% |
8.6% |
10.7% |
16.3% |
17.9% |
– |
| Gogebic | 16,427 (-5.4) |
$33,673 |
69.5% |
11.2% |
17.5% |
30.2% |
18.6% |
29.6% |
| Houghton | 36,628 1.7% |
$34,174 |
70.5% |
10% |
22.3% |
20.3% |
26.9% |
24.1% |
| Iron | 11,817(10.1) |
$33,734 |
69.7% |
8.8% |
12.7% |
24.2% |
15.1% |
– |
| Keweenaw | 2,156 (-6.3) |
$38,872 |
80.2% |
8.4% |
20.3% |
22.7% |
22% |
– |
| Luce | 6,631 (-5.6) |
$40,041 |
82.7% |
11% |
17.4% |
29.7% |
13.5% |
11% |
| Mackinac | 11,113 (-6.9) |
$39,334 |
81.2% |
4.2% |
14.7% |
22.5% |
20.1% |
21% |
| Marquette | 67,077 3.8% |
$45,130 |
93.2% |
9.2% |
13.2% |
15% |
29.7% |
– |
| Menominee | 24,029(-5.1) |
$41,332 |
85.3% |
7.8% |
12.2% |
19.5% |
13.4% |
– |
| Ontonagon | 6,780(-13.3) |
$35,269 |
72.8% |
13.3% |
12.7% |
23.4% |
16.5% |
27.6% |
| Schoolcraft | 8,485 (-4.7) |
$36,925 |
76.2% |
11.3% |
17.6% |
25.3% |
13.2% |
– |
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311,361 |
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