Category Archives: Economy

State’s jobless rate drops to 5.6 percent

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Michigan’s unemployment rate has dropped to 5.6%. That decline in the monthly rate is mostly due to fewer people in the workforce competing for jobs. But the rate is down two points from where it was a year ago. And that is because more people are working. Continue reading

State trail usage survey reveals thousands of annual users

trail users 2Michigan’s recreational trails have been feeling the love. A community forum is planned in Petoskey to discuss survey results that show the usage of some northern Michigan trails.

The Top of Michigan Trails Council and Emmet County commissioned the study last summer. Continue reading

U.S. Geological Survey awards $9.7 million to build new invasive species lab

Anyone who fishes the Great Lakes are probably familiar with pesky aquatic invasive species, things like sea lamprey and certain gobies.

Now, officials with the U.S. Geological Survey say they are granting $9.7 million to build a new invasive species laboratory in Presque Isle county.

The construction contract has been awarded to an Alpena county company, Crittenden. The work there will focus on how to repel and remove invasives from the Great Lakes. Continue reading

State’s tax break questions bigger problem than expected

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The future liability from Michigan’s uncashed business tax credits is three billion dollars bigger than first anticipated. Officials at the Michigan Economic Development Corporation report the job-creation tax credits granted to businesses total more than nine billion dollars. They will come due over the next 20 years. Continue reading

Seven-county agribusiness forum set to discuss economic growth

Photo courtesy of the seven-county I-69 Thumb Region.

Photo courtesy of the seven-county I-69 Thumb Region.


Representatives from across a seven-county region, including Genesee, Shiawassee and Lapeer, are meeting Feb. 19 to share new agribusiness ideas.

Region officials said the time is now to share the advantages of agribusiness with potential key partners, such as policy makers and business executives.
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Federal funding boost for Great Lakes basin

great_lakesThe USDA is set to provide 1.2 billion dollars over five years to the Regional Conservation Partnership Program in order to improve water quality and wildlife habitats in the Great Lakes basin.
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MDOT awards grants to help fund business expansions

bad-yellow-line-roadjpg-55a2be0a87eeea1d_largeA public / private investment will fund three road improvement projects in Huron and Lapeer counties this year, that will help several area businesses expand their operations.

The improvements will allow three companies to expand, creating 135 new full time jobs. Continue reading

Police, corrections take biggest cuts in budget-balancing plans

rick-snyder-mugjpg-446cf7790e6a2ea6Governor Rick Snyder’s budget-cutting order looks mostly to reductions in State Police, corrections, and health care spending as a first step toward retiring a deficit.
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