Knowledge-Based Economy

BLM chart

Mich. Faces Short Term Worker Skills Challenge, Long Term Worker Education Challenge

Michigan is following a national trend towards becoming a knowledge-based economy across all industry sectors, including traditional ones such as agriculture and manufacturing. The trend is causing employment and income growth to be increasingly driven by education levels and has major consequences on how Michigan should best support economic growth, according to an in-depth study released Thursday by Business Leaders for Michigan.

WWJ Newsradio 950–03/21/2013