Blog categorized as Economy

MPSC Launches Investigation Into Complaints Against Consumers Energy

07/10/23 12:56 PM - By Team MIRS - Comment(s)
MPSC Launches Investigation Into Complaints Against Consumers Energy
The Michigan Public Service Commission Friday launched an investigation into Consumers Energy amid customers' complaints about meter malfunctions, billing practices and delays in new service installations.

Should Locals Set Minimum Wage & Benefit Levels?

06/22/23 03:07 PM - By Team MIRS - Comment(s)
Should Locals Set Minimum Wage & Benefit Levels?
The Senate Labor Committee took testimony Wednesday on legislation that unweaves a Snyder-era ban and would allow local governments to adopt ordinances setting higher minimum wage rates and better benefits than those existing statewide.

3.7% Unemployment Rate Matches National Rate For First Time In 5 Years

06/16/23 10:35 AM - By Team MIRS - Comment(s)
3.7% Unemployment Rate Matches National Rate For First Time In 5 Years
Michigan's unemployment rate dropped one-tenth of a percentage point to 3.7% in May, marking the first time the state’s jobless rate matched the national rate since June 2018.

Are Economic Incentives A Waste Of Money If Population Growth Isn't The ROI?

06/12/23 03:45 PM - By Team MIRS - Comment(s)
Are Economic Incentives A Waste Of Money If Population Growth Isn't The ROI?
Although Democrats aim to make wide-reaching investments in "Projects, People and Places" as part of their economic strategy, one might wonder, what good is an economic incentive if there's expected to be 83,000 fewer Americans moving to Michigan in the future?

Dems, Business Community's Post '22 Relationship Growing Frigid With Policy Differences

06/06/23 10:40 AM - By Team MIRS - Comment(s)
Dems, Business Community's Post '22 Relationship Growing Frigid With Policy Differences
The relationship between Michigan's business associations and the Legislature's Democratic majorities could become more frigid as workforce and regulatory reforms go beyond the expected.