Snyder: 500,000 new private-sector Michigan jobs in last six years.
In his seventh State of the State speech, Michigan Gov. Rick Snyder hailed the state’s growing economy and covered a range of issues, from finding a plan to investing billions in Michigan’s infrastructure to boosting Michigan’s population to investing in the agriculture industry.
“[O]ur economy is growing, families are returning home, and Michigan has undeniably become the comeback state,” Snyder said.
Snyder highlighted the state’s improving fiscal and economic outlook, including a $700 million rainy day fund. One week before Snyder’s speech, the House Fiscal Agency released a report that forecasted slower growth in the future.
But NFIB/Michigan State Director Charles Owens told The Detroit Free Press that he expects incoming President Donald Trump to spark more growth.
Under Snyder, nearly 500,000 more private sector jobs have come to Michigan, and the state’s unemployment rate dropped 10 points from June 2009.
Watch the full speech here.