The Mid-Michigan insurance and financial
industry grew by 13 percent in 2006, a growth trend that’s expected to
continue bringing high-paying jobs to the area.
According to excerpts from the article:
The Lansing area has grown into a hub of insurance and financial activity, according to a report released last week by Capital Area Michigan Works! and Leap Inc., a Lansing-area economic development group.
“Even
though we’ve been losing jobs in the region, these jobs seem to swim
against the tide,” said Doug Stites, CEO of Capital Area Michigan
Works! “Other than health care, they are the only ones gaining jobs
since 2000.”
Helping to bring in those jobs were major insurance companies like Lansing-based Jackson National Life Insurance Company and Accident Fund Insurance Company of America.
The
industry, which is fifth-largest in the Lansing area, attracted 13
percent more jobs to the region from 2000-06, when the study was
conducted. Total jobs in the area decreased by 3 percent.
Read the entire article here.
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