Washtenaw County’s economy is expected to continue to see measured growth over the next three years, even as risks persist.
The annual report comes from the University of Michigan’s Research Seminar in Quantitative Economics.
RSQE Director Dr. Gabe Ehrlich says there are spots for concern.
“Our industry mix is, like I say, enviable, and we have a lot of education, higher education, here in Washtenaw County. We’ve got university-based research, and we also have a lot of health services. And those are the industries that in a lot of ways are facing a tough funding landscape.”
The county’s unemployment rate is projected to edge down to 4.1%. That’s about 1% below the state average by 2028.
Ehlich says what will continue to be an issue is very slow job creation in the unskilled labor force.
Non-commercial, fact based reporting is made possible by your financial support. Make your donation to WEMU today to keep your community NPR station thriving.
Like 89.1 WEMU on Facebook and follow us on X (Twitter)
Contact WEMU News at 734.487.3363 or email us at studio@wemu.org