Michigan's long-suffering job market has finally turned the corner. Led by a surge in manufacturing, job growth in the state jumped a surprisingly strong 3.8% from January through March, according to a report released Monday from University of Michigan economist George Fulton. He predicts Michigan will gain 64,600 jobs this year, more than double the 24,500 jobs he had forecasted in November.
And new data from the Conference Board, a New York-based business research association, shows that last month, Michigan had a 41% year-over-year increase in online job ads, the largest gain in the nation. The number of online ads in the state has risen for three consecutive months and 11 out of the last 14 months.