University of Michigan economists said last week the state will finally begin to see some job growth next year after 10 years of losses.
Economists George Fulton and Joan Crary predicted that Michigan will see a gain of 20,400 jobs next year in their latest economic forecast — marking an uptick in expectations from their November 2009 forecast.
“By year-end 2010, the private sector is no longer shedding jobs,” the economists said in their new report.
Gov. Jennifer Granholm’s office welcomed the forecast.
“We are heartened by the University of Michigan’s latest economic forecast, which we believe is plausible,” Granholm said in a statement. “We’ll have even more insight when the May Revenue Estimating Conference convenes.”
