economy

Rick Haglund: Tackling climate change is the smart move for local governments, businesses

BY: - September 26, 2020

Brandy Brown faced skepticism about climate change from the day she accepted her job as the head of the Michigan Office of Climate and Energy. “Brandy, that climate change stuff isn’t real,” Brown said a longtime friend told her when she was appointed to lead the office last year. Her friend’s denial of climate change […]

COMMENTARY

Rick Haglund: Blacks have lost ground in Michigan — and it’s dragging down the economy

BY: - September 12, 2020

In his long career as a University of Michigan labor economist, Don Grimes never focused his research on race-based income inequality. “I’ve always believed in the power of markets,” Grimes told me.  “I figured the markets would sort this out.”  But a new study he, and U of M colleagues Gabriel Ehrlich and Michael McWilliams […]

Pence pledges to ‘make America great again, again’ in Traverse City

BY: - August 28, 2020

Vice President Mike Pence made his pitch to Michigan voters during a brief campaign rally in Traverse City on Friday, promising to “make America great again, again” if given four more years in the White House. Pence argued that the 2020 election will determine who is responsible for helping the economy recover from the effects […]

State economy in better shape than expected thanks to federal aid

BY: - August 24, 2020

Economists on Monday painted a rosier than expected forecast on the state economy during the state Consensus Revenue Estimating Conference.  “We’ve had a stronger than anticipated recovery,” said David Zin of the nonpartisan Michigan Senate Fiscal Agency. Federal COVID-19 recovery aid, consumer spending and manufacturing and auto economies have helped Michigan’s economy, experts said at […]

COMMENTARY

Susan J. Demas: Deep down, we all know COVID-19 won’t disappear after there’s a vaccine

BY: - August 17, 2020

Last week, I spent several days hiking the Appalachian Trail with my family, after our pre-pandemic plans to fly cross-country and get lost in Yosemite (which my children never struggled to pronounce, even in elementary school), obviously didn’t seem like a wise idea as cases continue to spike. I’ve been hiking the trail for over […]

Study: Partial Line 5 shutdown has not impacted gas prices, despite Enbridge warnings

BY: - August 10, 2020

New research from a former Dow chemical engineer has found that, despite Canadian oil company Enbridge’s predictions otherwise, the continued partial shutdown of its Line 5 pipeline in the Straits of Mackinac has so far not affected gas prices or supply in Michigan or Canada. “For a period of [52] days … there has been […]

COMMENTARY

Susan J. Demas: We’re in a Trump recession. Michigan Republicans think they can blame it on Whitmer.

BY: - August 1, 2020

In Washington, conservative fiscal scolds are finally emerging from an almost four-year hibernation in the deficit-busting, economic-tanking Trump era, as polls show the president losing to Democrat Joe Biden in the fall. It’s a time-honored tradition in D.C., like watching the cherry blossoms bloom in spring. Republicans sink the economy and deplete revenues, thanks to […]

Changing plans, taking gap years: How college grads are navigating the pandemic recession

BY: - July 29, 2020

About three months have passed since millions of college students graduated college into the worst economic downturn since the Great Depression.  Some have had to look for jobs unrelated to their degrees, while others changed their plans or decided to take a year off before going to graduate school or moving to where they had […]

Pence talks reopening, meets John James during Macomb Co. swing

BY: - June 18, 2020

Vice President Mike Pence on Thursday visited Michigan to tour manufacturing plants in Macomb County, part of a swing through the newly reopened state. U.S. Secretary of Labor Eugene Scalia joined Pence in Sterling Heights. Both officials said the Trump administration can expand Michigan’s economy — and by extension, the national economy — to the […]

COMMENTARY

Rick Haglund: An economic tsunami is hitting Michigan — and it will reshape work forever

BY: - June 10, 2020

As businesses slowly reopen and workers return to jobs, President Donald Trump is predicting the economy will emerge from the COVID-19 pandemic stronger than ever. “We’ve been talking about the ‘V.’ This is better than a ‘V,’ ” Trump said last week about the potential for a quick, V-shaped recovery. “This is a rocket ship.” […]

Librarians, national guard recruited for states’ new contact tracing armies 

BY: - June 4, 2020

As states seek to loosen wide-ranging restrictions imposed to constrain the novel coronavirus, they’re also looking to deploy a huge new fleet of workers to keep cases under control. Enter the contact tracers. With interpersonal contact certain to increase as states lift COVID-19 restrictions, tracing the who infected people had contact with — and then […]

New state board to help Michigan’s economy get back on its feet

BY: - May 30, 2020

Gov. Gretchen Whitmer on Friday signed Executive Order 2020-107, creating the Michigan Workforce Development Board, which will be responsible for the development and continuous improvement of the workforce development system in Michigan.  The federal Workforce Innovation and Opportunity Act (WIOA) requires the governor to establish a state workforce development board, and this action will abolish […]