A relevant state ranking
We have written previously about how irrelevant state business climate rankings are to whether or not a state’s residents are doing well economically. Here about the recent CEOs ranking according to Chief Executive Magazine. And here about the widely publicized Tax Foundation State Business Cost Rankings. These are the reports that rank Indiana as the […]
Metro NYC winning
As we explored in my last post, 25-34 year olds with a four year degree or more are concentrating in big metros, with a high proportion living in their central cities. Seventy four percent of young professionals are living in one of the 54 regions with a population of one million or more and in […]
Michigan’s share of young talent
One of the questions I’m now asked most frequently is “how is Michigan doing compared to other states in retaining and attracting recent college graduates?” Good question and encouraging that it is being asked more frequently. Folks seem to be understanding that where recent college graduates choose to live after college matters to Michigan’s future […]
Tax cuts and economic growth
Another great New York Times Economix blog from Bruce Bartlett entitled “the Bush tax-cut failure”. Bartlett is one of the original supply side tax cutters. He served as senior staff to, among others, Jack Kemp, Ronald Reagan and Ron Paul. (By the way, his new book “The Benefit and The Burden: Tax Reform-Why We Need […]
Another irrelevant business ranking
Interesting Peter Luke column for Bridge on the conundrum of Michigan, despite enacting two big business tax cuts and right to work legislation, ranking near the bottom in a survey of more than 700 corporate CEOs according to Chief Executive Magazine. (You can find their rankings here.) Luke explores the contrast between Michigan’s ranking of […]
Attracting talent
New York Mayor Michael Bloomberg in a column for the Financial Times makes the case that talent is what matters most to economic growth. And that place –– particularly vibrant central cities –– is the key to attracting talent. The column is entitled “Cities must be cool, creative and in control”. Worth reading! Bloomberg writes: […]
Michigan employment by education attainment II
Below is the 2011 employment rate (employment to population ratio) data for 25-64 years olds –– the prime working years –– for Michigan’s three largest metropolitan areas: the nine county Detroit region (including Ann Arbor and Flint), the seven county metro Grand Rapids/Holland/Muskegon region, and the four country metro Lansing region. The employment rate is […]
Michigan employment by education attainment
More evidence that having a four-year degree or more is the most reliable pathway to employment in today’s economy. The table below displays data on the employment rate –– the proportion of the population that is employed –– for those in their prime working years –– 25-64 –– by education attainment in Michigan and the […]
Design as an economic engine
Interesting feature in Atlantic Cities entitled: A Visual History of Michigan’s Outsize Influence on American Modernism. The story is built around the upcoming Michigan Modern Symposium upcoming at Cranbrook from June 13-16. Both the article and conference web site are worth checking out. (If for no other reason than to check out the pictures of Michigan’s […]
Crain’s on talent
Crain’s Detroit Business featured talent in their Mackinac Conference edition. Four articles. All worth checking out! They highlight the importance, challenges and opportunities of preparing, retaining and attracting talent. An essential ingredient for future Michigan growth. Crain’s convened a roundtable on the topic that I was priviledged to participate in. The other participants were: David […]