Click for Ann Arbor, Michigan Forecast
Sunday September 21, 2014
Follow us: facebook twitter RSS feed
Print Comment E-mail

Car Crash

 

continued

"It stresses us out every day," says Greenfield, whose husband, a systems engineer, also was unemployed for a while. The couple, parents of five-year-old twins, balanced their budget by cutting out plays, massages, movies, and vacations.

Greenfield knows others have it worse. "I get together with a group of retired Chrysler secretaries, and they're all having a hard time," she says. "One woman--she was an executive secretary--applied to Costco, and she can't even get a call back."

For generations of Michiganians, a job at an auto company was a ticket to prosperity. Pay and benefits were so good that a Ford exec used to tell new hires that they'd boarded the greatest gravy train in history. GM employees affectionately called their company "Generous Motors."

But that was before Chrysler and General Motors went bankrupt. Just as the automakers used to spread jobs and wealth beyond the Motor City, their catastrophic decline now is punishing the entire region.

Bookmark and Share
previous  ·  1 l 2 l 3 ... 8 l 9 l 10  ·  next page
all on one page
read more stories here -> Marketplace  l  Culture  l  Community  l  News
Ms Green Construction, We are energy saving specialists that make existing homes energy efficient
Top of the Lamp, Ann Arbor's locally owned lighting specialty store.
custom sound systems for your home
A Visitors Guide to Ann Arbor