Report: Aging crisis to cause Michigan to lose out on economic boom

  • A University of Michigan report predicts the US job market should increase in 2026
  • Michigan will lose jobs while unemployment ticks higher over the same timeframe
  • Economists say it’s because the state’s aging population will leave it without enough workers to grow

After years of warnings that Michigan’s aging workforce would harm its economy, the state is poised to learn what that looks like.

“That long-term future has now arrived,” University of Michigan economists say in a forecast released today.

Michigan is — once again — more likely to sit on the sidelines as the US gains jobs in 2026. It simply won’t have the workforce to fill new jobs, the U-M economists said…

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