Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus.
COVID-19 continues to pressure the state’s smallest operations, with 45 percent closed and 60 percent laying off at least one employee. Here is what an advocacy group says about the situation and what is needed next.
Cities like Ann Arbor and East Lansing benefit from the ‘economic engines’ of their state universities. Budget shortfalls, potential layoffs and more fallout from COVID-19 now threaten their financial balance, from students shopping in local stores to how many people they employ.
Like hospitals before them, businesses across the state face the prospect of having to compete for personal protection equipment they expect will be required to reopen but remains in high demand amid the global pandemic.
Coronavirus is still battering the state’s restaurant industry, which lost $1.2 billion in sales in April and saw 75 percent of workers laid off. Switching to carry-out and opening for fewer patrons may not be enough for many to survive.
Businesses in the northeast Lower Peninsula say some workers are not quite ready to return to their jobs, given the boost in income they receive from special federal and state funding during the pandemic lockdown.
Certain places in Michigan are losing more jobs than others. It’s the same old story in a state where manufacturing still dominates the economy in some counties.
Bridge expands its journalism with addition of a Business Watch section and adds the 2019 Michigan Press Association Journalist of the Year to lead coverage.
Programs set up to help businesses decimated by the coronavirus shutdown have run out of money or halted applications. One Michigan business owner thought his application for a portion of $349 billion in federal stimulus was set only to learn the money ran out.
Economists are struggling to find words to describe stunning job losses they’re seeing in the state, and they don’t know how many more will follow during the economic lockdown in a pandemic
The crush of 1 million new claims is rapidly depleting Michigan’s unemployment fund, which could force the state to borrow money. Jobless workers would still get checks, but Michigan may have to raise business taxes to repay the debt, slowing any recovery.
Like many businesses, Frog Holler Produce in Ann Arbor faced coronavirus shutdown. Until they decided to “spin the wheel” and open new lines of business.
Michigan’s stay-at-home order has shut supply chains to restaurants and schools and decimated the market for many farmers. ‘This is about as worried as I’ve ever been,’ one says.
Your guide to unemployment and other payments as Michigan deals with the devastating economic impact of a deadly virus
Despite widespread complaints over a sluggish website and slammed call center, the Michigan Unemployment Insurance Agency successfully processed 817,185 initial benefits claims between March 15 and April 4, second only to the more populous state of California.
Bryan Newland, chairman of the northeastern Upper Peninsula tribe, said Bay Mills Indian Community leaders had no choice but to stop paying employees of the tribe’s resort and casinos after a request for federal relief loans went unanswered.
Already gearing for a recession, Michigan faces billions of dollars in lost wages and tens of thousands of job cuts. Using maps and charts, Bridge explains how the impact of the coronavirus shutdown will vary widely by industry and maps.
As the coronavirus crisis slams Michigan businesses, some local newspapers are struggling to stay open amid declining ad revenue. C&G Newspapers is suspending publication for 2 to 4 weeks, while the Metro Times in Detroit laid off staffers.
Michigan gun shop owners report booming sales of guns and ammo as coronavirus spreads. Self-protection is a big theme, but that doesn’t mean deer are safe.
Michigan expanded eligibility for unemployment benefits for workers on March 16 as a result of the coronavirus crisis.
More than 60,000 auto workers in Michigan are affected by the closure of plants due to the coronavirus. Banks and credit unions also are moving to increase lending.