Economy

6:28 am
Thu January 8, 2015

Obama Talks Resurgence of Auto Industry in Visit to Detroit Plant

President says increase in sales shows auto rescue was the right move
U.S. President Barack Obama hailed the resurgence of the U.S. auto industry as well as Detroit's emergence from bankruptcy today at Ford's assembly plant in Wayne, where he was applauded by hundreds of Ford workers and elected officials.
7:24 am
Wed January 7, 2015

On Eve of Michigan Visit, Obama Says Auto Rescue Was Good Deal for Taxpayers

President also says low gas prices aren't likely to last
President Barack Obama is warning Americans that cheap gas prices won't last indefinitely, and he's standing by his support of small, fuel-efficient vehicles.
9:22 pm
Wed December 17, 2014

Michigan's Unemployment Rate Drops to 6.7% in November

Total employment rose by 13,000 over the month
LANSING, MI -- Michigan's unemployment rate dropped to 6.7 percent in November, the lowest rate the state has seen since April 2006. That's according to the Michigan Department of Technology Management and Budget (DTMB), which released the numbers today. The number represents a .4 percentage point drop from October's unemployment rate of 7.1 percent.
6:37 am
Mon December 8, 2014

Manufacturers' Struggle to Find Talent Doesn't Result in More Pay

Cost of employee turnover also a factor
All indications point to West Michigan manufacturers continuing to struggle in the coming year to find qualified talent. Although many companies have developed innovative training programs and established relationships with community colleges, they still have trouble finding qualified workers to fill positions ranging from assembly to engineering.
Read More: http://mibiz.com
7:24 am
Mon November 24, 2014

Michigan at 13th in Foundation's Tax Rankings

Change in property tax not yet factored in to rankings
Michigan continues to rank 13th in the U.S. for its overall business tax burden, holding to a position that improved significantly in the last few years after legislators enacted sweeping changes to the state's tax code.
Read More: http://mibiz.com

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