talent development

The Next Idea

Venture capital flow into Michigan has been steadily increasing since 2008, but the state saw a remarkable uptick last year. According to a report released last month by the National Venture Capital Association and PricewaterhouseCoopers, venture capital investment in Michigan nearly doubled, up from $111 million in 2013 to $219 million last year.  

Lindsey Smith / Michigan Radio

The Grand Rapids economy grew faster than predicted this year and economic forecasters say growth will continue into 2012.

George Erickcek is an economist at the Upjohn Institute for employment research. He says the Grand Rapids economy did grow in 2011, but only by two-percent. (His full presentation is linked here.)

“There’s been no talk of a double dip for many, many months. But the growth…is disappointing. It’s not the growth we want,” Erickcek told a group of business leaders assembled Wednesday.

He says a recovering auto industry and gains in advanced manufacturing are the main reasons Grand Rapids’ economy has grown.

In fact, Erickcek says Grand Rapids is technically over the recession in terms of employment numbers.

Today, Governor Rick Snyder unveiled his plan for talent development.

The goal is to more closely align workers with available jobs.

In this week's political roundup we take a closer look at the plan with Susan Demas, political analyst for Michigan Information and Research Service, and Ken Sikkema, former Senate Majority leader and senior policy fellow at Public Section Consultants.