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Frank A. Douglass Insurance Agency

Michigan Has High Percentage Of "Under-Employed"

The unemployment rate in the state has dropped, but a larger proportion of those working are under-employed, according to the Corporation for Enterprise Development.

Its 2016 Assets and Opportunity Scorecard ranked Michigan 28th among the 50 states and Washington, D.C.

Michigan was 25th in 2015.

Among the key findings, some 12 percent of those working are under-employed.

The scorecard also shows nearly 39 percent of households in Michigan do not have enough savings to survive three months without any income.

Michigan ranks 15th in that category.

The national averages show just under 11 percent are underemployed and 44 percent don’t have three months living expenses.

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