Category Archives: Economy

Michigan’s jobless rate is 7.2% headed into November election

Michigan’s monthly unemployment rate has dropped two-tenths of a percentage point to seven-point-two percent. It’s the lowest rate in six years.

So many people left the state during the recession, there are fewer people competing for jobs as more positions are created by the recovery. But that’s good news for those who are left, especially as improving auto sales spur growth in the manufacturing sector, helping along transportation, warehousing and other businesses. That’s according to Bruce Weaver of the state Bureau of Labor Statistics.
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Support for Michigan agriculture continues to grow

farmingNorthern Michigan agriculture is receiving a boost through new grant money, as a result of the 2014 Farm Bill.

The USDA’s Specialty Crop Block Grant Program will provide nearly $2 million to support 30 Michigan specialty crop projects throughout the state. Read more