Tag: May 1959

In the midst of a boom, Michigan found itself caught in a precarious tug-of-war between economic highs and lows. As of 1959, the state was reeling from a contradictory mix of prosperity and despair. On one hand, more people had jobs – nearly a quarter of a million more workers than in 1950 – and…

Michigan’s economy is caught in a perilous tug of war between boom and bust. On one hand, the state has seen a surge in employment, with nearly a quarter of a million more people working in 1959 compared to the previous year. Those who are employed are also earning more, with automobile production skyrocketing by…