In case you have not heard, the auto industry in Detroit is no longer our bread and butter. Every year the area becomes more diversified. Some recessions hit us harder than others. With each passing year the economy is less automotive and more tech. I hope we do not lose any more auto industry jobs but it will certainly not grow much. What most successful cities have that are drawing college graduates is a lot of different job types [[diversified). Most college grads are not looking to work on the line at Ford's, and those are the jobs that we had lost. Unfortunately each manufacturing job spins off 3 service or other manufacturing jobs and that is what tanked us in the past. We have no idea when the next recession will hit nor do we have any idea how bad it will be. We do however know that we need to diversify our workforce and that is currently happening.
Bookmarks