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About / News / Unemployment

U-M forecast: Expect Michigan’s economy to recover by the end of 2023

Michigan’s economy is expected to fully recover by the end of 2023, with job growth and personal incomes set to increase in that time, according to a University of Michigan forecast released Friday. However, high inflation will continue to cut into purchasing power, the economists said, with real disposable income, which factors in taxes and rising […]

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