Events/Announcements

Unemployment Drops In All But One Michigan State Labor Market

LANSING - Unemployment rates in 16 of Michigan's 17 labor markets fell in October when compared to September, figures released Tuesday by the Department of Technology, Management and Budget showed. Only in the Detroit-Warren-Livonia market, the state's largest, did October's unemployment rate remain unchanged from the 8.1 percent in September, the state said. The jobless

By |2014-12-03T00:00:00-05:00December 3rd, 2014|Archive, Events/Announcements|

Ann Arbor Chosen As Global Trade Best City

ANN ARBOR - Ann Arbor has been chosen by Global Trade magazine as one of "America's Best Cities for Global Trade". Ann Arbor was recognized for being a hub for innovative research and education, and for having one of the lowest unemployment rates in Michigan. Every year, the editors at Global Trade magazine compile the

By |2014-11-28T00:00:00-05:00November 28th, 2014|Archive, Events/Announcements|

Consumer Sentiment Brightens Holiday Spending

ANN ARBOR - Consumer confidence posted its fourth consecutive monthly gain in November, rising to its highest level since July 2007. The November gain was due to improved personal finances as well as a more favorable outlook for employment. The Thomson Reuters/University of Michigan Surveys of Consumers has been conducted by the U-M Institute for

By |2014-11-28T00:00:00-05:00November 28th, 2014|Archive, Events/Announcements|

Michigan Survey: Incentive Pay Grows to Retain Top Employees

LIVONIA - The tight talent market in Michigan is driving employers to increase variable compensation programs - better known as incentive pay - in order to compete for and retain high-performing employees, a recent survey contends. The survey shows in 2014, by the American Society of Employers, with 73 percent of employers offering bonuses to

By |2014-11-28T00:00:00-05:00November 28th, 2014|Archive, Events/Announcements|

$500,000 Gift To MSU Creates Graduate Fellowship In Biomedical Engineering

EAST LANSING - Michigan State University?s newest department has received a $500,000 gift to attract some of the country?s most talented graduate students in biomedical engineering. Jack and Dottie Withrow of Naples, Fla., who are longtime supporters of the MSU College of Engineering, have established the Withrow Endowed Graduate Fellowship in the Department of Biomedical

By |2014-11-25T00:00:00-05:00November 25th, 2014|Archive, Events/Announcements|

Michigan Strategic Fund Approves $22.5 Million For Auto Supplier Investment Fund

LANSING - The Michigan Strategic Fund has approved a $22.5 million investment in a new private equity fund that will provide growth funding for Michigan automotive suppliers, the Michigan Economic Development Corporation announced Tuesday. The loan funding under the MEDC Capital Conduit Program went to Grow Michigan Holdings, LLC, to be invested as Michigan Capital

By |2014-11-25T00:00:00-05:00November 25th, 2014|Archive, Events/Announcements|

Michigan’s Economy To Add 132,000 Jobs By 2016

ANN ARBOR - In their annual November forecast of the Michigan economy, George Fulton and colleagues Joan Crary and Donald Grimes, University of Michigan economists,say the state will add more than 132,000 jobs over the next two years. All told, Michigan will have added nearly 463,000 jobs during the economic recovery from summer 2009 through

By |2014-11-21T00:00:00-05:00November 21st, 2014|Archive, Events/Announcements|