Michigan has two basic economic problems: not enough working adults to fill plentiful jobs, and wide swaths of distressed urban and rural neighborhoods where good jobs are out of reach for their residents.
There’s been so much hoopla lately about Michigan’s auto industry making a radical switch to electric vehicles, you might think there’s little else happening in the state’s economy.
Stunned by Ford Motor Co.’s decision to invest $11.4 billion in electric vehicle assembly and battery plants in Tennessee and Kentucky, Michigan in December created a $1 billion fund to lure new electric vehicle operations to Michigan.