When a city depends on governmental agencies as three of its top five employers, there is a serious problem. When you drill further into Detroit’s employment data, you find that 47.8% of employees at the city’s top 25 employers work for a tax payer supported (governmental) agency. In other words, a very large (and expensive) percentage of Detroit’s work force does not add anything to the economic growth of the city whatsoever.
Full post can be found HERE.
Hat tip to Theo Spark for the pointer.