Almost half of Michigan’s unemployed in 2012 were jobless for at least six months. And the average jobless Michigan resident went without work for more than 10 months. As Michigan’s economy improves and job openings proliferate, a troubling trend is revealing itself in kitchen-table stories and government analyses: The long-term jobless may be in danger […]
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
State looks to turn trickle of returning college grads into a flood
BACK IN MICHIGAN: Courtney Vaught, 27, and her fiancé left Michigan after they were laid off in 2010. But a promotion brought them back. Gov. Rick Snyder and other state leaders are trying to find methods to replicate Vaught’s story and raise the state’s percentage of college-education workers. (Bridge photo/Lon Horwedel) Laura VanHolstyn graduated from […]
MSU expert has surprising advice about liberal arts degrees, job hunting
Phil Gardner is the director of the Collegiate Employment Research Institute at Michigan State University. For the past 23 years, he has overseen MSU’s annual college labor market study, a much-watched barometer of the job market for college graduates and the health of the overall labor market. Gardner spoke with Bridge correspondent Rick Haglund about […]
Do you live in a ‘magnet’ or ‘bedroom’ community?
Job commuting patterns are analyzed after every census in order for the federal Office of Management and Budget to determine the naming and composition of metropolitan and micropolitan areas. While the data have resulted in a number of changes to Michigan’s metropolitan/micropolitan landscape, the individual county flows are of particular relevance in that they help […]
Is shortage due to skills or wages?
Steve Lowe Jr. is scrambling to find more than a dozen skilled machinists, experienced engineers and laborers after his company recently won a multimillion-dollar contract to build giant camshafts for diesel locomotive engines. He said he’s sought out state work force agencies, local community colleges and employment agencies in seeking the workers he needs to […]
Average Michigan wage earner is $5,000 behind other Americans
When politicians talk about Michigan’s “lost decade” of the 2000s, they usually focus on the huge number of jobs shed by the state. Michigan lost 863,300 payroll jobs between April 2000 and July 2009, at the bottom of the state’s downturn, or nearly one out of every five jobs. But a less-discussed element of that […]
Jackson businesses try DIY job-training to create skilled workers
DIY EMPLOYMENT: Welding students practice at the Jackson Academy for Manufacturing Careers, a job-training center started by manufacturers to fill a training gap left by cutbacks in public programs. Welders are in high demand right now and can earn $25 an hour. (courtesy photo/used under Creative Commons license) After voters turned down a millage request […]
State again riding auto upswing
Nearly given up for dead a few years ago, Michigan’s automakers have come roaring back and are leading one of the strongest state economic recoveries in the nation. Today, General Motors Co., Ford Motor Co. and Chrysler LLC are churning out billions of dollars in profits and are hiring thousands of workers. But we’ve seen […]
Is ‘reshoring’ boosting Michigan’s economy?
Michigan Ladder Co., a 111-year-old Ypsilanti business that assembles wood and fiberglass ladders for the industrial market, used to buy its fiberglass ladders from suppliers in China. But the company recently decided getting ladders from suppliers that were thousands of miles away didn’t make financial sense. So, it began assembling its own fiberglass ladders in […]
What’s up, who’s down in state economy?
While the Holland area may be better known to outsiders for its Dutch heritage and pristine Lake Michigan beaches, the locals know its economy is driven by manufacturing. The area suffered as manufacturing output fell by a third during the Great Recession. Unemployment exceeded 13 percent. But a strong rebound by auto suppliers, office furniture […]
You must be logged in to post a comment.