Luke Bunge, Economic Analyst for the Bureau of Labor Market Strategic Initiative, drops by for his monthly update, to provide statistical information on the State of Michigan job market.
He shares with Chris that there has been an adjustment in the unemployment rate, and it has continued to drop in Michigan, finally matching the national average. Luke speaks on the steady improvement on the last quarter of 2014, which helped set the tone for stability in 2015. They discuss the resurgence of certain industries that have been influential in the steady growth of Michigan economy. He briefs Chris on the metrics he utilizes to see more of a dynamic picture of the labor force.
