Last Monday evening, a professional career counselor in Plymouth named Jim Danielski received this email: “Mr. Danielski: I am trying to assist my college graduate son in his pursuit of a job. He graduated in 2010 with a degree in Political Science. He really didn’t have a plan of where that would lead him for […]
Economic Life in Michigan
Posted inBusiness Watch
Michigan can't fit college grads into job slots
If Amy Dobson is a rock and Gentex is a hard place, Gov. Rick Snyder is stuck between them. Dobson, an effervescent 23-year-old from Okemos, finished a five-year degree program in education from Michigan State University last spring. Despite holding a bachelor’s degree from a top-ranked education school, Dobson couldn’t find a job in her home […]
Posted inBusiness Watch
Jobs of the future: Where they'll be in Michigan
Jim Danielski tells horror stories, but not the kind shared with toasted marshmallows around a campfire. Danielski’s horror stories are the kind that should keep Gov. Rick Snyder awake at night. At his career counseling center in Plymouth, Danielski sees a steady stream of people who aren’t ready for Michigan’s new economy. Some have no […]
Posted inBusiness Watch
Job prospects take on oily sheen
The list of the fastest growing jobs in Michigan is dominated by one unlikely industry – petroleum. Five of the six fastest-growing occupations are connected to petroleum and natural resource extraction through 2018, according to Bridge Magazine job projections based on federal data. The projections assume the same kind of explosive growth in hydraulic fracturing […]
Posted inBusiness Watch
Law degree proves costly bargain
It’s been six years since Andrew Rockafellow earned a law degree from Cooley Law School in Lansing. He’ll be lucky to earn $20,000 this year, with no health-care benefits. For those doing the math, Rockafellow’s $100,000 law degree is the equivalent of five years’ pay. By comparison, those graduating with a one-year Cisco certification at […]
Posted inBusiness Watch
Stomach-churning: Highs and lows in Mich. economy
Michigan has starred in its own disaster movie in the first decade of 21st century. The economic equivalents of F5 tornadoes and magnitude 9 earthquakes have battered the automotive industry and smashed construction work in the state. You knew all that, having lived here. But amid all the destruction there was surprising growth over the […]
Posted inBusiness Watch
Scoring the '00s: How Michigan's 14 regions changed
Despite billions of dollars in construction projects on the University of Michigan’s campus and Ann Arbor’s reputation as a high-tech business hotbed, the regional economy there contracted slightly over the past decade. Gross domestic product in the Ann Arbor metro area fell 1 percent between 2001 and 2009 as several major businesses left town. Pfizer […]
Posted inSuccess
Michiganians find paths to success
Many Michigan entrepreneurs found ways to fly out of the ashes of the state’s lost decade. Bridge presents three such stories, drawn from the list of 50 Companies to Watch compiled the Edward Lowe Foundation: Higher Grounds of Traverse City ground out a new niche in the crowded coffee market. NOVO Motor Acoustic Systems in […]
Posted inBusiness Watch
Deep inside the Lost Decade: Decline, transformation and resilience in Michigan's regions
Ann Arbor on the east side and Grand Rapids on the west are widely regarded as the most prosperous and desirable metropolitan areas in Michigan. But Kalamazoo-Portage and Battle Creek in Southwest Michigan surprisingly outpaced Ann Arbor, Grand Rapids and all other metro areas in the state in economic growth over the past decade. An […]