Good news – more jobs! Metro Detroit employment has finally recovered from the 2007
depression recession. The second quarter of 2016 set a new high in employment in Southeast Michigan dating back nearly a decade to 2007 to the beginning of the recession, reports the Workforce Intelligence Network for Southeast Michigan.
MiTechNews reports that 35,000 jobs were added from April through June, pushing the total number of jobs held in the region to 2.62 million. Nearly 20,000 previously unemployed people gained jobs in the region in the second quarter of 2016, along with more than 15,000 new workers (for a total of 35,000 new jobs), bringing the unemployment rate down to 4.5 percent, a low not experienced in Southeast Michigan since 2001.
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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.