Michigan’s reserves to pay jobless claims are dwindling amid record unemployment claims. Starting Jan. 1, employers would have to pay more into the system, but some lawmakers want to avoid that prospect.
Consumer spending is up amid the pandemic, as Michigan residents are spending federal bailout money designed to keep the economy going amid the pandemic. But state economists warn Michigan still faces tough times.
‘We need to find jobs that people can keep,’ says one store owner as the second-largest employer in Evart closed this summer. It’s just another blow to a community fighting for stability during the coronavirus pandemic.
Both races make less than they did 40 years ago when adjusted for inflation. But wages for Black workers have declined more since the 1970s, in part because of a loss of manufacturing and widening gap in educational opportunities.
University of Michigan football makes some $122 million per year and supports a host of businesses throughout Ann Arbor. They’ve already endured the coronavirus. Can they survive the loss of the 2020 season?
The number of VC deals in the state dropped from 70 in the first half of 2019 to 41 this year, the lowest total in the past seven years. But several entrepreneurs found ways to survive during the pandemic.
With coronavirus cases rising, Michigan’s governor toughened state face mask requirements. Starting Monday, expect to be refused entry to stores and restaurants if you’re not covered. Customers face fines, stores face closure for ignoring.