With the “v-shaped” economic recovery taking shape nationwide, Michigan has begun to bounce back from the artificial coronavirus downturn sooner than most of us dared to hope.
Despite Governor Gretchen Whitmer’s excessively harsh stay-at-home orders, Michigan regained more than 460,000 nonfarm jobs since the start of May, reducing the unemployment rate by almost a whopping 10 percentage points. Blue collar industries that provide the lifeblood for Michigan’s middle class, such as construction and manufacturing, are doing particularly well — those two sectors alone created more than 180,000 new jobs in May, no doubt fueled in part by the President’s focus on ramping up domestic production of medical supplies needed to confront the invisible enemy.
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