Michigan is old and getting older. Experts warn of looming consequences

Coronavirus

An aging population, rising retirement rates and a stagnating labor market could have serious consequences for the state and its residents if left unaddressed, state demographers said Friday. Data presented to state lawmakers painted a stark picture of Michigan’s labor market, which officials say has seen little upward momentum since bouncing back from the COVID-19 pandemic. That’s not just troubling news for state officials looking at a loss of tax revenues for future budgets , but also for

Tag-uri: Coronavirus

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