Today's record-high long-term unemployment shows that there simply aren't enough jobs to go around due to a lack of demand. According to the RSQE Michigan forecast, released on May 27, 2010, it expected that the unemployment rate to sit in the high 13s for the rest of this year before
Currently, Michigan still sits dead last in unemployment, with 10.6 percent of its labor force unemployed as of the end of 2008, according to the Bureau of Labor Statistics. This exceeds the national rate as of December 2008 by 3.4 percentage points, and that of this past January by 3.
Senate Bill No. 806 was passed on December 16, 2011 after strong support in Michigan's Republican-led Senate. The purpose of the bill was to stabilize the state's unemployment trust fund, which has recently caused controversy after the state had to borrow $3.2 million from the federal government in order to cover
On March 2nd, 2012 MI State Representative Jon Switalski and fellow members of congress introduced HB4363: The Job Applicant Credit Privacy Act with the intention of providing an additional safeguard to applicants from being rejected for a job position solely due to their credit score, debt, history, or associated personal finances.
On December 11, 2012, Michigan became the 24th state to pass “right-to-work” legislation making it illegal for employers to collect union dues as a condition of employment. In the absence of right-to-work, employees in unionized workplaces a free to eschew union membership but cannot “opt out” of paying union dues. Thus,
Michigan is in need of an entrepreneurial makeover. Young innovators are ready to implement their business concepts yet continually face obstacles known to both the seasoned and rookie business leader. Children today are raised in an entrepreneurial environment-two-thirds of entrepreneurship comprises of men and women between the age of 34-64. Subsequently,
The Big Three have existed in Michigan for over 100 years now. Henry Ford's concept of the assembly line set up the standard that would be used across the nation for decades. The strikes at GM in 1937 led to the formation of the UAW. Chrysler has been innovating cars since
While America is experiencing increasing poverty rates across the board, Michigan's ever-increasing rate seems especially detrimental. Michigan, with a poverty rate of 16.8 percent, is well above the national average of 15.1percent. The percentage of children in poverty in the state has increased to 23.5 percent. Detroit is experiencing a dramatically
Michigan is leading the nation in jobless rates going down, yet not for the usual reasons. Followed by Washington DC and Alabama, Michigan has been ahead of the other states in jobless rate going down by at least two percent at the end of 2010. Despite employment rates improving, population in