The tourism industry has been one of the big drivers of job growth in the state, and the economy continues to grow as people continue to head back to work in the Midwest.
The growth in tourism revenue has also led to more opportunities for workers to earn money, such as working in restaurants, or working in the hospitality industry, according to a study by the University of Michigan’s Business School.
It also creates jobs, but only in a small percentage of the jobs.
“We think tourism is an important industry in the United States,” said Jim Hockley, director of the Mackinac Center for Public Policy and a former assistant secretary of labor for tourism in the Obama administration.
“We have to have a good job creation program and we have to encourage that.”
While the growth in economic activity in Michigan is encouraging, it has also put the state in a difficult economic situation, Hockton said.
The economy has been so sluggish that there have been reports of companies taking a hit on their stock prices, and it has caused companies to lay off workers, he said.
“It’s very hard for people to get through a month of unemployment without losing their job,” Hocklyn said.
Michigan was also hit by the Great Recession, and unemployment is at an all-time high.
The economic downturn has hit hard, especially among young people.
A study released last year by the Bureau of Labor Statistics found that the unemployment rate for Michigan’s 25- to 34-year-olds is 10.4 percent.
The highest rate in the country, at 18.6 percent, is in Oklahoma, where the unemployment is 6.5 percent.
While it is a tough situation, there is some hope.
The University of Wisconsin’s Center for Applied Economic Analysis has found that Michigan is one of only a handful of states where job creation has grown as a share of the economy.
Michigan is also the only state in the nation that has a job growth rate of 4.9 percent or more over the last four years, according the report.
The study also found that in Michigan, the average age of the workforce is 30.3 years old, the lowest in the U.S. The state has been ranked one of America’s safest states by the Center for Economic and Policy Research.
“I think the fact that we’ve been so good at creating good jobs, so young, so resilient, is a big reason why Michigan has done so well,” Hockerley said.
But Hocklin said he thinks Michigan will continue to struggle as a state.
“There’s still a lot of work to do, particularly on the youth side of things, and I think it’s going to take a while,” he said, referring to the youth workforce.
“But I think the economy is still very strong.”
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