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A new report from a Michigan nonprofit says the state's households are still struggling financially. 

Michigan's unemployment rate is currently at 5%.  However, 75% of Michiganders face stagnant or declining incomes.

Lou Glazer is President of Michigan First, the nonprofit that released the report.

"It's pretty clear that you can have a low unemployment rate and still have a lot of people struggling. In a growing economy, the same thing is true," Glazer said.

Steve Carmody / Michigan Radio

A new report shows a growing percentage of Michigan young people have college degrees.

But one expert says the state must do more to keep those graduates from leaving the state.