Michigan graduates leaving state in record numbers
Mohamed Kadry
Issue date: 4/24/07 Section: News
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Where are Michigan college graduates going after graduation?
According to New United Van Lines Data, Michigan tops the nation in 2007 for the rate of outbound moving grads. This means more recent graduates living in Michigan are leaving the state in greater numbers than anywhere else in the country. But what is causing this mass exodus of students? The statistics are startling.
According to a Bizjournal survey, Michigan has topped the nation as the worst economy for prospective job-seekers. Detroit, which ranks 66th overall, is the metro area with the bleakest outlook for workers in their 20s and 30s. The problems besetting domestic automakers, combined with the erosion of Detroit's manufacturing base, have caused the area to lose 105,100 jobs in the past five years.
Some experts believe that it will take more than a decade for the auto industry to even begin recovering from record losses, leaving students battling for jobs that don't exist.
With tens of thousands of graduates on the verge of entering the professional world, relocating has become less of a luxury and more of a necessity. U-M Dearborn student Hosam Basha plans on spending his summer in Arizona in hopes of solidifying a job as a teacher. "Graduating at this time in Michigan leaves absolutely no opportunity for someone with a degree to land a job," he said. "With so many layoffs in education here in Metro Detroit and very little openings being offered, so many of us are forced to compete in a market that is not accommodating."
Where is the influx of college graduates relocating to? For the best money and work, one only needs to look west.
Las Vegas and Phoenix top the nations list of the best job markets. Las Vegas currently has the highest nationwide employment rate and population continues to grow in record numbers since 2000. Many companies are moving to places like Las Vegas and Phoenix from the Northeast and Midwest, because costs there are substantially cheaper and the economy grows stronger each year.
According to New United Van Lines Data, Michigan tops the nation in 2007 for the rate of outbound moving grads. This means more recent graduates living in Michigan are leaving the state in greater numbers than anywhere else in the country. But what is causing this mass exodus of students? The statistics are startling.
According to a Bizjournal survey, Michigan has topped the nation as the worst economy for prospective job-seekers. Detroit, which ranks 66th overall, is the metro area with the bleakest outlook for workers in their 20s and 30s. The problems besetting domestic automakers, combined with the erosion of Detroit's manufacturing base, have caused the area to lose 105,100 jobs in the past five years.
Some experts believe that it will take more than a decade for the auto industry to even begin recovering from record losses, leaving students battling for jobs that don't exist.
With tens of thousands of graduates on the verge of entering the professional world, relocating has become less of a luxury and more of a necessity. U-M Dearborn student Hosam Basha plans on spending his summer in Arizona in hopes of solidifying a job as a teacher. "Graduating at this time in Michigan leaves absolutely no opportunity for someone with a degree to land a job," he said. "With so many layoffs in education here in Metro Detroit and very little openings being offered, so many of us are forced to compete in a market that is not accommodating."
Where is the influx of college graduates relocating to? For the best money and work, one only needs to look west.
Las Vegas and Phoenix top the nations list of the best job markets. Las Vegas currently has the highest nationwide employment rate and population continues to grow in record numbers since 2000. Many companies are moving to places like Las Vegas and Phoenix from the Northeast and Midwest, because costs there are substantially cheaper and the economy grows stronger each year.
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daouk
Abdulhadi Daouk
posted 5/21/07 @ 5:48 AM EST
Arabic/Muslim students and non students Many are coming to Dubai to work. Opportunities are great I advise University of Michigan to open up a branch here where it will rock among other universities. (Continued…)
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