Business and Economy 25 Apr 2007 12:21 pm
Michigan, Yes!
I have long been a proponent of the Emerging Business sector to tell the story of what Michigan really is on its way to becoming.
This is a result of the radio podcast I have been doing with many companies around the state since late 2005. Go to www.innovativebusinessresults.com to listen to interviews with executives of the state’s Economic Development Commission, companies like Menlo Innovations, Chelsea Milling (Jiffy Mix), the SPARK organization to attract business to the Ann Arbor Region, Toyota.
Now there is solid evidence that this trend has some legs and there are lots of knowledge workers in the state to work in this emerging business sector. See this evidence below in reports from Expansion Management magazine and the American Electronics Association.
Ann Arbor Ranked First for Knowledge Workers
Ann Arbor was just ranked by Expansion Management magazine number one in the nation of the Top 10 Knowledge Worker Metros. This is great news for SPARK, the region’s economic development authority that is working with companies that needs to locate in places with good available educated workforces.
The magazine, which helps companies evaluate future locations for their business operations, published its fifth annual Knowledge Worked Quotient as a roadmap on where to find the best educated work forces in America.
Ann Arbor was also rated number 10 of the Top Metros for College-Educated Workers.
High-Tech Employment Grows in Michigan
Michigan remained 10th of the 50 states for high-tech jobs with 177,600 jobs across the state and a payroll of $13 billion, according to the American Electronics Association’s survey, writes Tom Henderson in Crain’s Detroit Business of April 20. http://www.crainsdetroit.com/apps/pbcs.dll/article?AID=200770424003.
The news underscores the importance of the state’s efforts to attract high-tech companies because of the large numbers of experienced engineers, new graduates of leading universities and the growth of what is being called Michigan’s Emerging Business segment.
Michigan increased in high-tech employment by 1,200 jobs in 2005, the latest year for state-by-state figures. Overall for 2006, there were 146,600 new high-tech jobs, rising to a total of 5.8 million across the nation. Leading states for high-tech employment are California with 919,300, Texas 445,800, New York 299,900, Florida 276,400 and Virginia 261,000.
Larry
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