Michigan tops in employment recovery post-recession; promising economic future ahead

Michigan has regained much of the ground it lost since the recession's nadir in 2009, and its future bodes well, according to a recent national report.

Excerpt:

"Results of the Business Facilities annual report rank Michigan among the top states in employment recovery since the end of the Great Recession, automotive jobs and automotive manufacturing strength. Further, the report lists Detroit and Grand Rapids as among the top regions in the country for economic growth...

Meanwhile, the unemployment rate in Michigan has plummeted from a five year high of 14.2 percent to the current 7.7 percent. The 6.5 drop in percentage points is more than any other state. Michigan’s unemployment rate in June of 2009 stood at 7.2 percent."

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