Many Michigan jobless could soon lose their unemployment benefits
Time is running out again for many Michiganders living on unemployment benefits. Hundreds of thousands of Michiganders have spent nearly two years surviving on unemployment checks as the state...
View ArticleCommunity leaders in Flint hoping to raise awareness of growing homeless...
In 2008, the state estimates there were a little more than 86,000 people without a home. Half of them were families.
View Article"Successful Bankruptcies" - report says Detroit bailouts were worth it
The Center for Automotive Research released a report today that analyzed the government bailouts of General Motors and Chrysler.$80 billion was given to the auto companies. To date $13.4 billion has...
View ArticleMichigan economy struggling
We all know Michigan has been going through tough times. An unemployment rate of nearly 13%. Jobless benefits expiring for tens of thousands of people. Deep spending cuts coming to state and local...
View ArticleStudy: Grand Rapids, Detroit among Top 20 hardest hit by recession
A new study by the Brookings Institution shows the Grand Rapids and Detroit metro regions are in the top 20 hardest hit by the recession.The study measures how deep the recession hit the top 100 metro...
View ArticleMichigan's unemployment rate declined in February
Michigan’s unemployment rate dropped slightly in February. Michigan’s seasonally adjusted unemployment rate declined by 3 tenths of one percent last month to 10.4%.The state’s jobless number was still...
View ArticlePopulation expert sees good news in state Census data
The man in charge of charting population trends for Michigan says he would not be surprised to see the out-migration of people from the state reverse course.The new U.S. Census data says Michigan lost...
View ArticleHappy 'Tax Freedom Day' Michigan
Today is Michigan’s Tax Freedom Day. It’s the day when the average Michigander will have earned enough money to pay their local, state and federal taxes for the year. That’s three weeks earlier than...
View ArticleLemonade economics
(Here's a version of the story that aired on Michigan Radio.)Turns out even lemonade stands aren’t immune to Michigan’s economic recession.Molly and Lucy Prochaska have been in the lemonade business...
View ArticleYpsilanti studio space "spurs" on artists, musicians
You can file this story under "silver lining."Michigan's recession has left a lot of empty buildings in its wake. When James Marks was looking for a larger building to house his t-shirt and flat screen...
View ArticleHome foreclosures declining in Michigan
Realty Trac is reporting today that Michigan’s home foreclosure rate is improving.Foreclosure filings were down nearly 20% during the first three months of the year compared to the fourth quarter of...
View ArticleState of Opportunity: Even short-term parental joblessness can be a long-term...
This week, Michigan Radio's State of Opportunity reporter Dustin Dwyer delved into one of the uncomfortable truths of the Great Recession: that kids were among the hardest hit.He writes that in 2010,...
View ArticleMichigan's Unemployment Insurance Agency set to layoff 432 employees
The Michigan Unemployment Insurance Agency will lay off over 400 employees, according to the Detroit News.The department will lay off 255 permanent full-time employees Oct. 1, on the heels of the Aug....
View ArticleMichigan's economic recovery "broadening"
A new report claims Michigan’s economic recovery is starting to “broaden” beyond the state’s manufacturing base.Comerica Bank’s “Michigan Economic Activity Index” follows: non-farm payrolls, exports,...
View ArticleMetro Detroit continues relatively strong economic recovery
New data from the Brookings Institution shows a relatively strong economic recovery going on in Metro Detroit.The Brookings Institution’s MetroMonitor report has been watching how the country’s 100...
View ArticleHome sales sign of improvement in Michigan's economy
(by Rina Miller, Michigan Radio)Michigan actually fared better in new home sales than other parts of the nation. Some economists say improvements in the auto industry are helping stabilize Michigan's...
View ArticleFollow that cute little toxic asset
The team at NPR's Planet Money has come up with another way for us to understand the financial crisis. They bought a pet.
View ArticleWhat business leaders have to say about Michigan's economy
This week, the Business Leaders for Michigan, the state’s most prominent business roundtable, met in Detroit.The group offered an in-depth “report card” of how Michigan is recovering from the implosion...
View ArticleHow one author cut $1,000 from his monthly budget... and made it work
For many of us, the word “budget” is not on our favorite words list.But as so many of us across Michigan discovered during the Great Recession, things can get mighty scary when there's a crunch and we...
View ArticleWhat June’s job report means for Michigan
The latest "report card" on jobs in America points to a country continuing to recover from the Great Recession.The national unemployment rate fell to 6.1%, the lowest level since September 2008. What...
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