Monday, June 29, 2009

Pontiac, Michigan feels brunt of GM's pain | U.S. | Reuters

Even before June 1, the city was in a pickle. Unemployment hit 27.2 percent in April, more than three times the national rate of 8.9 percent that month. Property and income taxes have fallen and there were 1,000 home foreclosures in 2008.
Pontiac, Michigan feels brunt of GM's pain | U.S. | Reuters
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