It ain't what it was, but the arrow is headed in the right direction. That's the forecast from U-M economists, who see steady but subdued growth for Michigan over the next two years.
Excerpt:
"After a surge in job growth early in 2011, the pace has since moderated, and we are forecasting job gains during 2012 of 31,800, about half the number of jobs added this year, before ramping up a little to 45,000 job additions the following year. If our forecast is correct, the recovery period through 2013 would replenish only about 20 percent of the jobs lost from mid-2000 to the summer of 2009. So there is still a great deal of ground to make up."
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