Unemployment Rate Hits Record Low

Unemployment Rate Hits Record Low

For only the third time since the 1970s, Michigan’s unemployment rate last month dropped below 4%. The June 2023 rate declined by one-tenth of a percentage point to 3.6%. Key Points: The June rate was the lowest it’s been in 23 years. The labor force grew by 23,000 in...
Michigan’s Credit Ratings Reaffirmed

Michigan’s Credit Ratings Reaffirmed

All three main international ratings agencies have reaffirmed Michigan’s credit rating this week. Moody’s Investors Service: Reaffirmed their Aa1 rating with a “stable outlook.” They noted the state has effective financial forecast practices, budgetary reserves at...
Five Things We’re Reading

Five Things We’re Reading

Below are some of the articles that the MLC lobby team has been reading this past week. We hope you find them as interesting and useful as we do. The ‘Threads’ App Is Filled with Deceptive Dark Design Patterns – We Spotted More Than Ten – What’s hidden behind the...
SNAP Benefit Asset Test Eliminated

SNAP Benefit Asset Test Eliminated

Michigan has joined 36 other states in eliminating an asset test when determining eligibility for SNAP (Supplemental Nutrition Assistance Program) benefits. The bill received bipartisan support in the legislature and Governor Whitmer signed it into law this week. Key...