We are now a poor state continued
As we explored in our last post Michigan is now structurally a lower tier state in per capita income. And in the bottom ten in per capita income without transfer payments. We believe per capita income is a best measure of economic well being. It is the most comprehensive and reliable estimate of income of […]
We are now a poor state
The reality is, whether we are willing to admit it or not, Michigan is now one of the country’s poorest states. That is the unambiguous message of the table below. It shows Michigan’s rank among the 50 states plus D.C. The left hand column is per capita income, the right per capita income minus government […]
Not so rewarding technical training
Increasingly the story we are being told about the economy is that there are too many people with four-year degrees and not enough with training for mid-skill jobs. Needing something like an associates degree with an occupational major or occupational certificate. And increasingly we are also being told that getting a four-year degree in a […]
In demand: those with four year degrees or more
MLive reports that: “College graduates are entering the most robust job market in more than a decade, according to an annual survey completed by Michigan State University (MSU). A survey from MSU’s College Employment Research Institute found that after several years of small gains, hiring for 2014-2015 is expected to jump 16 percent for new […]