The state qualifies for a 20-week benefits extension, but not all workers will receive it. Some also are still waiting for $300-a-week bonus payments due to another fraud investigation.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
Posted inBusiness Watch
Small business confidence inches up in Michigan. Will sales follow?
Twenty percent of small businesses “are projecting pretty catastrophic impacts” said Brian Calley, president of the Small Business Association of Michigan.
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In ‘dire need,’ 1 in 5 Michigan restaurants may not survive winter
Advocates say more policy help is needed to get the state’s leisure and hospitality employees back to work – and keep hotels and restaurants open.
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Michigan business found a niche in COVID. Its second act may prove harder.
Sales for TentCraft in Traverse City reached into the millions as it shifted from tents for concerts and trade shows to building temporary medical units. The company now must gauge how to plan for the future.
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Michigan earnings shot up 54 percent in spring. Thank the stimulus funds.
‘This is going to be the only recession in history where income goes up,’ said University of Michigan economist Donald Grimes.
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Michigan’s unemployed to get $900 more. System glitches remain
The state was approved for three more weeks of Lost Wages Assistance, and jobless workers should see that money by the end of September.
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As home prices rise in Michigan, so do worries about affordability
Affordability and accessibility are a problem in the state’s housing market. Officials and industry experts are watching to see how the coronavirus pandemic affects that.
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Whitmer: Michigan could remain in COVID-19 state of emergency for months
Amid frustrations from some business owners about emergency orders, Gov. Gretchen Whitmer says she’s weighing case counts, vaccine development and other factors in determining how long the crisis will last.
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Q&A: Michigan builders want state’s help to build affordable homes
New construction remains suppressed across the state, and low- to middle-income residents are bearing the brunt of the lack of affordable new homes. Bob Filka, CEO of the Home Builders Association of Michigan, hopes to lead policy changes to make more building possible at mid-range prices.
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Coronavirus kept us home, igniting real estate frenzy in northern Michigan
Prices are climbing and competition is fierce as traditionally slow areas of Michigan become real-estate hotspots. No longer geographically tied to their workplaces and enjoying low interest rates, buyers are sparking a ‘feeding frenzy’ in northern Michigan.