{"id":31377,"date":"2018-04-02T11:40:50","date_gmt":"2018-04-02T18:40:50","guid":{"rendered":"https:\/\/www.careersingovernment.com\/tools\/?p=31377"},"modified":"2018-05-19T11:49:15","modified_gmt":"2018-05-19T18:49:15","slug":"michigans-economy-is-on-the-move","status":"publish","type":"post","link":"https:\/\/www.careersingovernment.com\/tools\/public-sector-news\/michigans-economy-is-on-the-move\/","title":{"rendered":"Michigan\u2019s Economy is On the Move"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.0.103″ background_image=”https:\/\/www.careersingovernment.com\/tools\/wp-content\/uploads\/2018\/04\/Detroit-Michigan.jpg” custom_padding=”84px|0px|140px|0px”][et_pb_row admin_label=”row” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”1_3″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.103″ text_font=”PT Sans||||” text_text_color=”#ffffff” text_font_size=”72″ text_font_size_tablet=”52″ text_font_size_last_edited=”on|tablet” text_line_height=”1.1em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” max_width=”620px” custom_margin=”0px||0px|”]Michigan’s Economy Is on the Move
\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.0.47″ custom_padding=”0px|0px|24.625px|0px”][et_pb_row use_custom_width=”on” custom_width_px=”1200px” custom_padding=”20px||0px|” custom_padding_tablet=”0px|||” column_padding_mobile=”on” custom_padding_last_edited=”on|tablet” parallax_method_1=”off” parallax_method_2=”off” admin_label=”row” _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”1_3″ _builder_version=”3.0.47″ column_padding_mobile=”on” parallax=”off” parallax_method=”off”][et_pb_image src=”https:\/\/www.careersingovernment.com\/tools\/wp-content\/uploads\/2018\/05\/amy-1.jpg” show_bottom_space=”off” align=”center” disabled_on=”on|on|” _builder_version=”3.2″ animation=”off” sticky=”on”][\/et_pb_image][et_pb_text disabled_on=”on|on|” _builder_version=”3.2″ text_font=”PT Sans|on|||” text_text_color=”#02b875″ text_font_size=”20″ text_line_height=”1.2em” header_text_color=”#000000″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” max_width=”140px” module_alignment=”center” custom_margin=”20px||0px|”]<\/p>\n

AMY WILKS<\/span><\/a><\/p>\n

[\/et_pb_text][et_pb_text disabled_on=”on|on|” _builder_version=”3.2″ text_font=”PT Serif||on||” text_text_color=”#363636″ text_font_size=”16″ text_line_height=”1.4em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” max_width=”140px” module_alignment=”center” custom_margin=”10px||60px|”]<\/p>\n

Amy Wilks is an editor, content manager, and professional writer who creates and manages online content for small businesses across the nation. When she is not attached to her computer she can be found in front of an easel, adding chapters to her new book, or spending quality time with her husband and seven children. She takes pride in providing encouragement, support and<\/g> inspiration to the people in her community and has dedicated her life to making a difference in the lives of others.<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”3.0.47″ column_padding_mobile=”on” parallax=”off” parallax_method=”off”][et_pb_text _builder_version=”3.2″ text_font=”PT Serif||||” text_text_color=”#363636″ text_font_size=”24″ text_font_size_last_edited=”on|tablet” text_line_height=”1.5em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” max_width=”720px” custom_margin=”0px||0px|” inline_fonts=”PT Serif”]The \u201cRust Belt\u201d is beginning to shine once again and Michigan\u2019s gleaming economy is brighter than it\u2019s been in years. With economic diversity, exciting innovation, and determination that hasn\u2019t been seen since before the Great Recession hammered the region into the ground, metropolitan areas throughout Michigan are chugging away.<\/span><\/p>\n

After nearly two decades of bad news, unemployment has dropped to inspiring lows, <\/span>jobs are plentiful<\/span><\/a>, and even some of the savviest headhunters are in short supply of qualified labor. But what, exactly, is driving the state\u2019s booming economy? The answer might surprise you. <\/span><\/p>\n

Michigan\u2019s Economy Offers Plenty of Surprises<\/span><\/h4>\n

For those who think that Michigan is all about manufacturing, agriculture, and tourism, it may be time to take a closer look at why the state\u2019s economy is flourishing at an astonishing rate. While Oakland, Wayne, St. Clair, Livingston, Macomb and Lapeer counties are filled with manufacturing positions in automotive and a large number of other industries, boasting an economic output of more than $253 billion, manufacturing is not number one in the state. In fact, the finance, real estate, and insurance sectors make up an impressive 21 percent of Michigan\u2019s GDP, with manufacturing trailing closely behind at about 19 percent.<\/span><\/p>\n

The healthcare industry, however, leads the way when it comes to the industry with the largest number of jobs in any sector. With a whopping 603,000 direct <\/span>jobs in Michigan<\/span><\/a> in 2016, the healthcare industry contributes a notable $58 billion in benefits, salaries, and wages to the state\u2019s economy. Overall, the healthcare industry packs a massive punch to Michigan\u2019s economy with an additional 458,000 workers employed in jobs that are stimulated by healthcare- increasing the industry\u2019s contribution to about $76 billion annually. <\/span><\/p>\n

Some of the Fastest Growing Jobs Also Pay Well<\/span><\/h4>\n

Opportunity and job growth is not limited to low-wage earners in Michigan. A diverse economy that is inspired by innovation, seasoned professionals and entrepreneurs are on an even playing field with aspiring businessmen and women in the state. As opportunity presents itself in many forms for people considering a change in careers and those who are looking to advance in their current occupations, employers are competing for the best and the brightest.<\/span><\/p>\n