A news service for the people of Michigan from the Mackinac Center for Public Policy

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.

Meet James Hohman, Assistant Director of Fiscal Policy at the Mackinac Center. James discusses his latest project, an analysis of Proposal 1, the proposal on personal property tax reform that will appear on the August 5th ballot. Read more about Proposal 1 here: http://www.mackinac.org/20246


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