TheRealQuotes

"In Michigan, in the mid-'80s, the unemployment rate goes way up because a lot of factories shut down. And then, the mid-2000s, to pick a date, the unemployment rate in Michigan isn't that much higher than in the rest of the country. But the main way that happened is people moved."

―

Unemployment Rate

From

Economist

Added on

About Austan Goolsbee

Austan Goolsbee is an American economist who served as chair of the Council of Economic Advisers and later became president of the Federal Reserve Bank of Chicago. He is known for work on public policy and economic analysis.

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