The Federal Reserve recently published their Report on the Economic Well-Being of U.S. Households in 2017. It reports on the results of a survey of American's assessments of their economic well-being. The report is worth reading. It's a great overview of how…
The Michigan Association of United Way's ALICE report is the best calculation of the proportion of Michigan households that cannot afford basic necessities. That 40 percent of Michigan households––in a strong economy––can't pay for basic necessities should be sending off…
Another list of economic well being that you don't want to be on that Michigan is on. This one comes from Harvard University economists Benjamin Austin, Edward Glaeser, and Lawrence Summers. They map the growth in the share of men who…
The Bureau of Labor Statistics (BLS) just released their job projections for 2016-2026. The Atlantic did a good overview article of the data entitled Why Nerds and Nurses are Taking Over the U.S. Economy. The BLS also did a summary…
The poverty rate is often used to measure economic well-being. When the poverty rate drops (which hasn’t happened in some time), we assume more people are better off, more economically secure. But the income level by which someone is declared…
This blog––and the work of Michigan Future––has been about the economy primarily and to a lesser degree the policies needed to improve the standard of living of Michiganders, not politics. The results of the Michigan presidential primaries in both parties…
We ended our previous post on whether Michigan is back with the conclusion that the fundamental challenge Michigan is facing is too few good paying jobs. As the ALICE report authors put it we need: " ... a significant increase in…