Blog tagged as Economic health

Home Builders VP: Yes, It's A 'Housing Crisis' 

11/21/23 01:22 PM - By Team MIRS - Comment(s)
Home Builders VP: Yes, It's A 'Housing Crisis' 
Dawn Crandall of the Home Builders Association of Michigan describes the state's housing crisis as ongoing, with supply being limited, demand remaining really high and individuals seeking workforce housing getting "bumped even further down the housing chain."

Unemployment Rises For Second Straight Month 

10/20/23 11:56 AM - By Team MIRS - Comment(s)
Unemployment Rises For Second Straight Month 
The state unemployment rate went up two-tenths of a percent to 3.9% after a tick up in August, according to Department of Technology, Management and Budget data.

MI Awarded $1B To Create Hydrogen Storage Facility 

10/16/23 10:46 AM - By Team MIRS - Comment(s)
MI Awarded $1B To Create Hydrogen Storage Facility 
Michigan will be the site of one of seven U.S. locations in which commercial-scale hydrogen will be stored and distributed, according to Department of Energy Friday.

Childcare Issues Costs Michigan Economy $2.8B 

09/07/23 04:39 PM - By Team MIRS - Comment(s)
Childcare Issues Costs Michigan Economy $2.8B 
A report from the U.S. Chamber of Commerce Foundation points to childcare as a means of getting working parents to return to the job market and pointed to the importance to businesses.

Manufacturers Concerned Paid Leave Equals $1.5B Payroll Tax

08/28/23 05:06 PM - By Team MIRS - Comment(s)
Manufacturers Concerned Paid Leave Equals $1.5B Payroll Tax
The Michigan Manufacturers Association (MMA) expressed concern Friday that Gov. Gretchen Whitmer 's idea to create a paid family and medical leave policy would be paid for through a payroll tax similar to what was done in Minnesota.