Michigan Business Beat | Lou Glazer, Michigan Future Inc., Michigan's High-Wage Job Gap

Chris Holman welcomes Lou Glazer, President, Michigan Future Inc., Ann Arbor, MI. Lou Glazer, president of Michigan Future Inc., discussed findings from his organization's 20th anniversary update of a landmark 2004 report, which showed that prosperous states share two traits: concentration in knowledge economy industries and a high proportion of adults with four-year degrees. Michigan has failed to act on those findings, sliding from 16th to 39th in per capita income since 1999, with roughly 710,000 jobs that don't pay middle-class wages. Glazer estimates Michigan has an 800,000 high-wage job gap compared to Massachusetts, the nation's most prosperous state, which benefits from strong K-12 education, robust higher education, and cities that retain college graduates. Michigan Future also announced that Wayne State University President Kimberly Espy has joined its board, signaling continued commitment to advancing the knowledge economy agenda statewide. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN’s YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/