University of Michigan economist says Michigan's job market is making a comeback
The state of Michigan seems to be making a comeback in the job market
While it may not be progressing at the same pace as Washtenaw County — which is on track to recoup all jobs lost in the recession by the end of the summer — things are looking up for the Great Lakes state.
At the state’s revenue estimating conference in Lansing, University of Michigan economist George Fulton, who prepares an annual economic forecast for Washtenaw County, said Michigan should see the return of 44 percent of lost jobs by the end of 2015, according to a story in the Detroit Free Press.
Angela J. Cesere | AnnArbor.com
Similarly to Fulton’s assessment of Washtenaw County, the Free Press reported his colleague Joan Crary said at the conference that the housing sector is helping spur the recovery both nationally as well as in Michigan. Fulton also projects continued light vehicle sales growth and his models show the Detroit Big 3 increasing their market share as well.
Ben Freed covers business for AnnArbor.com. You can sign up here to receive Business Review updates every week. Reach out to Ben at 734-623-2528 or email him at firstname.lastname@example.org. Follow him on twitter @BFreedinA2