News Summary Siena Heights University (SHU) in Adrian, Michigan, will cease operations at the end of the 2025-2026 academic year due to financial challenges and declining enrollment. With around 1,800 registered students, a drop from over 2,300 in 2008, SHU will maintain its academic calendar and support transfer pathways for
News Summary In a pivotal move, Michigan Governor Gretchen Whitmer signed a law providing nearly 48,000 residents with retroactive unemployment payments totaling about $34 million. Effective January 1, 2024, weekly benefits increase from $362 to $446. The Michigan Unemployment Insurance Agency has started adjusting claims, with payments set to follow
News Summary In the week ending July 5, 2023, Michigan’s unemployment claims surged to 15,581, marking a 130% increase from the previous week. The rise is primarily attributed to seasonal automotive manufacturing plant shutdowns. The state’s overall unemployment rate has now risen to 5.4%, exceeding the national average. Job losses
News Summary Recent data from the University of Michigan highlights a dramatic decline in consumer sentiment, reaching historic lows despite a small recovery in June. The Michigan Index of Consumer Sentiment saw a 29% drop in early 2025, with a slight bounce to 60.5 in June. Despite this uptick, consumer
News Summary In Michigan, seven companies have announced significant layoffs affecting approximately 700 workers this month. The workforce reductions stem from acquisitions and operational consolidations, complying with the WARN Act. Among the affected, LACROIX Electronics and Flagstar Bank stand out with considerable job cuts. The layoffs highlight broader trends in
News Summary Michigan Works Berrien, Cass, Van Buren has been awarded $2.26 million in grants from the Going PRO Talent Fund to support training for 1,097 workers in Southwest Michigan. The funding will assist 40 local employers in enhancing workforce skills and economic resilience. Training programs will include classroom instruction
News Summary The Michigan athletic department is preparing for significant budgetary challenges with a projected budget of $266.3 million for fiscal year 2025-26. Rising expenses, including a $26.7 million increase due to the House vs. NCAA settlement, have compelled the university to allocate $15 million from its general budget. Anticipating
News Summary The Grand Rapids Chamber hosted the West Michigan CEO Summit on June 10, 2025, gathering business leaders to discuss resilience amid economic challenges. Keynote speaker Mark D’Antonio emphasized essential leadership qualities while economic expert Paul Isely provided insights into the current financial landscape. The summit aimed to equip
News Summary The Michigan Department of Labor and Economic Opportunity has awarded $9 million in grants to 20 museums and nonprofit organizations across Michigan. This funding aims to enhance educational programs and expand access to services in various notable institutions, including the Detroit Zoo and the Henry Ford Museum. The
News Summary President Donald Trump is proposing to redirect $3 billion in federal research funds from Harvard University to trade schools to address the skilled trades crisis in the U.S. Amid rising concerns from educators about the negative impact on scientific progress, the plan aims to tackle the shortage of
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