The economy in Michigan has turned the corner according to Comerica Bank. The econmy bottomed out in mid-2009, and has now recovered nearly 1/3 of the way.
Thanks to Mark Perry for pointing this out.
My own observations seem to agree with that I have actually seen help wanted signs in store fronts.
My own observations seem to agree with that I have actually seen help wanted signs in store fronts.
More good news, the Michigan unemployment rate dropped to 14.8%, which is the third monthly drop in a row. Although, looking at the graph, the improvement is vanishingly small.
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