Regional economists from respected analytics firm IHS Global Insight have compiled their predictions as to when states will return to their “peak” level of employment (the high-water mark we all enjoyed during the boom years).
Oil boom state North Dakota got back to its peak level in the first quarter of 2010. Alaska crossed the mark in the third quarter of 2010. Unlucky Michigan, Rhode Island and Nevada are literally off the chart – economists are only willing to say they’ll be back sometime after 2017.
IHS Global Insight
Here’s the state by state breakdown:
State — Expected recovery (year/qtr)
MI past 2017
NV past 2017
RI past 2017