This report is the second in a series of annual reports required by the Michigan legislature in December 2020 (2020 PA 316). The purpose of this second report, and all future annual reports in this series, is to provide a more comprehensive analysis of Michigan's teacher shortage, including information about teacher vacancies, teacher retention rates, and candidates completing in-state teacher preparation programs. In addition to updating the baseline analyses from EPIC's initial report, we have adjusted and expanded on the initial metrics based on the results from the previous report, recommendations from the National Council on Teacher Quality (NCTQ, 2021), and newly available or improved data. We also examine differences across geographic regions, subject areas, educational settings, demographic groups, and experience levels. These data begin to paint a picture of the teacher shortage across Michigan and highlight areas where new or better data can help to flesh out details of the shortage and help policymakers to target policies and programs in ways that can best help the state and local communities grow their teacher workforces.