Michigan Economic Update

Michigan's economic recovery has been slower than the national average, and the problems are broader than the state's widely publicized loss of manufacturing jobs.

Michigan also has lost thousands of local government, school, retail and business service jobs since an employment peak in mid-2000. The losses are most acute in rural pockets of central and northern Michigan where the jobless rate consistently has remained above 10 percent months after the economic recovery began.

While things are somewhat better out there, there remain weak spots in the economy. Economic developers everywhere still have their work cut out for themselves in the future.

More here.