New data was released yesterday from Michigan's Office of Labor Market Information that indicates Michigan's economy may be recovering. The state unemployment rate dropped from 14 percent to 13.6 percent, marking the fifth straight month of decreasing unemployment rates. National figures will be released Friday.

In addition, a little heralded release of the job turnover shows that Michigan's net job creation and destruction leveled off in the third quarter of 2009 following four quarters of large increases in job losses.

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Participants in the 2016 Detroit Children's Business Fair show their grasp on how markets work. Featured are responses to the such thoughts as hoarding profit for personal gain, penalizing those who earn more and regulating private business.

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