Michigan economy

Michigan’s Unemployment Rate Remains High Amidst Economic Challenges

News Summary Michigan's unemployment rate decreased slightly from 5.5% in April to 5.4% in May, yet it ranks 49th among…

1 month ago

Major Layoffs Hit Michigan as Seven Companies Cut Jobs

News Summary In Michigan, seven companies have announced significant layoffs affecting approximately 700 workers this month. The workforce reductions stem…

1 month ago

Gas Prices in Michigan Reach Record High for 2025

News Summary Gas prices in Michigan have soared to a record high of $3.30 per gallon as of this weekend,…

1 month ago

Gas Prices Surge in Michigan Amid Global Tensions

News Summary Gas prices in Michigan have risen to an average of $3.29 per gallon, a significant increase of 20…

1 month ago

Michigan Residents Confront Rising Gas Prices Amid Middle East Tensions

News Summary Residents in Michigan are facing rising gas prices, with the statewide average now at $3.29 per gallon, a…

1 month ago

Attorney General Investigates Michigan Economic Development Corporation

News Summary The Michigan Attorney General's Office executed search warrants at the MEDC headquarters amid an investigation into potential misuse…

1 month ago

Single Adults in Michigan Need $87,000 by 2025 for Comfort

News Summary A recent study reveals that single adults in Michigan will require an annual salary of over $87,000 by…

1 month ago

General Motors Invests $4 Billion in U.S. Manufacturing

News Summary General Motors announced a $4 billion investment over the next two years to enhance vehicle production at three…

1 month ago

Michigan Manufacturing Sector Sees $13 Billion Investment Surge

News Summary Michigan's manufacturing sector has announced over $13 billion in investments since 2022, aiming to revive the state's economy…

1 month ago

Michigan Works Secures $2.26 Million for Workforce Development

News Summary Michigan Works Berrien, Cass, Van Buren has been awarded $2.26 million in grants from the Going PRO Talent…

2 months ago