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Going PRO Kickoffs, Addressing Skilled-Labor Shortage

Jul 12, 2019

To address the skilled-labor gap in Michigan, the state has launched a new public-private partnership program named Going PRO. Through 2026 it’s estimated the state will need to fill 545,00 skilled-labor jobs. Michigan employers’ have been facing challenges finding highly skilled employees and cited it as a top concern in the recent Michigan Future Business […]

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May Unemployment Rate Increases

Jun 21, 2019

Michigan’s seasonally adjusted unemployment rate for May 2019 increased by one-tenth of a percentage point to 4.2%. During the month total employment was unchanged, while the number of unemployed moved up by 5,000. Last months’ rate was six-tenths higher than the national rate of 3.6%. In the Detroit-Warren-Dearborn Metropolitan Statistical Area, the unemployment rate increased […]

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Governor Reorganizes State Department

Jun 14, 2019

In an effort to streamline and better coordinate efforts to meet the state’s business and labor needs, Governor Gretchen Whitmer signed an Executive Order renaming and reorganizing one state department. The new department is called the Department of Labor and Economic Opportunity (LEO) and replaces the Department of Talent and Economic Development (TED). The department […]

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Community Resources – Learning Outside of Your Day Job

Jun 05, 2019

While talking with friends recently, I realized how much time we spend discussing topics related only to our work.  My friend in finance talks about the markets, my friend in advertising talks about marketing and social media trends, and of course I talk politics.  While our conversations can be highly insightful (especially to those who […]

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Lt. Governor Launches Going PRO

May 24, 2019

On Monday, Lt. Governor Garlin Gilchrist launched the Going PRO campaign to promote the importance of professional trade careers with the aim of addressing the state’s high-skilled labor shortage. It’s estimated that through 2026 Michigan employers will need to fill 545,000 skilled-labor jobs. Michigan businesses have been vocal over the past few years about the […]

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Slight Changes to Previous Revenue Estimates Announced

May 17, 2019

While crafting the upcoming fiscal year budget, the House and Senate will have a slightly increased amount of money to appropriate, according to updated economic estimates. This news comes as a result of the biannual Consensus Revenue Estimating Conference that was held today in Lansing. Today’s conference is a follow-up to January’s conference, where updated […]

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April’s Unemployment Rate Increases

May 17, 2019

For the first time since October 2018, the seasonally adjusted unemployment rate in Michigan last month increased by one-tenth of a percentage point to 4.1%. Despite this increase, the rate was two-tenths of a percentage point below the April 2018 rate of 4.3%. Last month, total employment grew by 7,000, while unemployment increased by 4,000, […]

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Legislation Addressing Cryptocurrency Moves Forward

Apr 12, 2019

Given the increasing use of cryptocurrency worldwide, the House of Representatives approved legislation updating criminal definitions in instances where money changes hands to include cryptocurrency. The bipartisan package specifically targets areas such as embezzlement and racketeering. The bill package has been referred to the Senate Judiciary and Public Safety Committee for consideration. Cryptocurrency first started […]

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