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UM report: Oakland County s economy won t fully recover until 2023 View Comments Pontiac University of Michigan economists predicted Wednesday that aspects of Oakland County’s economy should rebound faster than the rest of the state following the COVID-19 pandemic, but a full recovery will take a couple of years. Donald Grimes and Gabriel Ehrlich presented the 36th Annual UM Economic Forecast, which expects Oakland County to return to its pre-pandemic employment level by early 2023 and the state to do so later that year. Grimes said the county one of the most populated and prosperous in Michigan should see the number of jobs grow 4.1% this year; 4.6% next year and 2.5% in 2023, where county unemployment is expected to be well below 3%, near the record low of 1999. ....