recession

A $500,000 grant from the state will support businesses in the 10 counties of northwest lower Michigan affected by the coronavirus pandemic.

About that same amount is also available through a new loan program from the Michigan Economic Development Corporation.

 


A new report on the fiscal health of local governments in Michigan raised the question of whether those governments feel the steam running out of the recovery from the Great Recession.

The Michigan Public Policy Survey was performed by the Center for Local, State and Urban Policy at the Ford School of Public Policy at the University of Michigan.

CLOSUP administrator Tom Ivacko joined us today to talk about their most recent findings. 

Taking on debt is a daily fact of life for most American households. The data show the highest-income households carry the largest amount of debt.

But debt levels among poor, near-poor and moderate-income households has ballooned over the past decade.

The latest "report card" on jobs in America points to a country continuing to recover from the Great Recession.

The national unemployment rate fell to 6.1%, the lowest level since September 2008. What does the June jobs report tell us about Michigan? Where have we made gains and where are we still hurting?

University of Michigan labor economist Don Grimes joined us to review the June employment numbers.