Michigan’s Comeback by the Numbers

Here are some facts and figures from MichiganBusiness.org that I thought might interest you:

Big news over the past few days underscores Michigan recent economic gains. The unemployment rate, 7.2 percent in September, is the state’s best showing in more than six years. And employers will be pleased by continuing reductions in workers’ comp premiums.

2

Michigan’s rank among states for greatest drop in workers’ comp rates. Only Montana beats Michigan in this achievement.

6.5

Percent decrease in workers’ comp premiums that takes effect Jan. 1, 2015

7.2

Percent unemployment rate for September, state’s lowest since March 2008.

14.2

Percent unemployed in June 2009, almost exactly double the September rate.

27.7

Percentage decline in Michigan workers’ compensation premium rates since 2011.

128,800

Number of manufacturing jobs added to Michigan’s economy since 2009.

278,800

Number of jobs added to Michigan’s economy since 2009.

photo credit: Michigan Grunge Flag via photopin (license)

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