Michigan’s most populous county has recovered most of its employment losses from the start of the pandemic, though the economic comeback varies widely among the kinds of jobs and between some of its more affluent suburbs and the city of Detroit, according to a University of Michigan study.
Wayne County is expected to nearly recover its pre-pandemic payroll jobs count by the end of 2023, somewhat stronger than Michigan as a whole, say economists with U-M’s Research Seminar in Quantitative Economics. As of July, the county’s jobless rate had fallen to 4.5%, representing a nearly 90% recovery of the pandemic-induced job losses.
The relatively strong recovery, researchers say, is driven by the end of pandemic restrictions on the service economy, significant federal income support, rising personal comfort levels and reopening of schools for in-person instruction. They also expect the city of Detroit will resume its promising economic trajectory before the pandemic.
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