Page 22 - Gabriel Ehrlich News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UM report: Oakland County's economy won't fully recover until 2023 View Comments Pontiac — University of Michigan economists predicted Wednesday that aspects of Oakland County’s economy should rebound faster than the rest of the state following the COVID-19 pandemic, but a full recovery will take a couple of years. Donald Grimes and Gabriel Ehrlich presented the 36th Annual UM Economic Forecast, which expects Oakland County to return to its pre-pandemic employment level by early 2023 and the state to do so later that year. Grimes said the county — one of the most populated and prospero...

Oakland County has been weathering the pandemic storm, with forecasts calling for the jobless rate to decline-and jobs to recover-slightly faster than...

Our roundup of the latest news from metro Detroit and Michigan businesses, including updates about the COVID-19 pandemic.

University of Michigan Economic forecasting always comes with the hazard of trying to divine what the future holds, but the pandemic upped the uncertainty. Still, nothing was going to stand in the way of the University of Michigan’s Research Seminar in Quantitative Economics from doing the work it has done for more than a half-century: The research team continued to produce regional, state national outlooks during the past year-plus, including two in May-one focused on Michigan and the other on the U.S. Gabriel Ehrlich, the RSQE’s director, discusses forecasting during the novel coronavir...

Credit calvste / Adobe Stock A respected University of Michigan economic report says Michigan’s post-COVID-19 recovery is already underway and will likely continue. But it also says a full recovery may take a while. Gabriel Ehrlich leads the U of M Research Seminar in Quantitative Economics. State government relies heavily on it in its decisions. “We expect job growth to pick up very nicely through the rest of this year and into next year, and then as we get closer to a full recovery, we do expect job growth to start slowing down a little. But our forecast is for Michigan’s job count to...