As we've reported in the past, one major issue confronting the U.S. auto industry is its ability to recruit talent to live in Detroit, home of General Motors and spiritual birthplace of Chrysler and Ford. According to the Detroit Free Press, advertising cooperative Commonwealth, a joint venture between San Francisco-based Goodby, Silverstein & Partners and New York-based McCann Erickson Worldwide, isn't having the same problem.
Believe it or not, there was once a time when Detroit was a hustling and bustling urban metropolis – a desirable city in which to live. Today? Sure, there are some hardcore Detroit supporters, and there are certainly nice areas in and around Detroit to call home, but the truth is that the United States population at large doesn't have Detroit high on its list of places to relocate.
Over the last few years, huge numbers of union workers have accepted buyout packages to leave their high-paying jobs at automotive factories and office buildings. Many of those retired workers will be replaced by new hires at much lower salaries in the coming years. In fact, there could be as many as 46,000 new workers hired in Michigan alone, according to a recent 95-page report (PDF link here) released by the Center for Automotive Research (CAR). This report could mean good things for the trou
The topic of the Michigan job market and economy is certainly a hot one right now. With the Big 3 going to the bargaining table with the UAW, plant closings and Detroit's declining market share, some insiders might view the proposed increases in fuel mileage as kicking Detroit while it's down. This is the stance that Michigan's governors are taking in talks going on as we speak at the National Governors Association convention. As you may be aware, thirteen states are planning on adopting the tou