'We Know This Is A Recession, But We Don't Want This To Go Into Depression Territory,' Says Economics ProfessorWith the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
Virus Sends Unemployment Claims Up For First Time Since March"The labor market remains in a precarious place as COVID-19 cases surge in some parts of the country and fresh lockdown measures are adopted in response."
Michigan’s Unemployment Claims Have Experienced The 6th Quickest Recovery In The U.S.New unemployment claims last week were 78% below the peak during the COVID-19 pandemic.
Michigan's Unemployment System Is Preventing Some From ApplyingWith many people out of work due to the COVID-19 pandemic, all eyes are on the state's unemployment system.
As People Resume Work, Here Are The Seven Top Jobs Making A ComebackThe Latest Jobs Report Could Mean The Worst Is Behind Us
Unemployment Unexpectedly Drops, But Full Recovery Not ImminentThe unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.
Michigan's April Unemployment Rate Skyrockets To 22.7%Michigan's unemployment rate rocketed in April, likely setting an all-time high at 22.7%, as coronavirus restrictions shut down businesses and put people out of work.
'There's Only One Bill To Prioritize -- Everything Else Is Negotiable': CBS Analyst Explains How To Navigate Outstanding Balances On Limited FundsJill Schlesinger, certified financial planner and CBS News business analyst, looks at how to devise a game plan for paying bills when money is tight.
Michigan Unemployment: State Says 92% Of Filers Have Started Receiving BenefitsAt least 92 percent of eligible Michiganders who filed for unemployment have now received some of their benefits.
Over 80 Michigan Companies Have Given Notice of Layoffs or ClosuresSince March over 80 businesses have given WARN notices across the state, with 58 being in Southeast Michigan.
UofM Makes Drastic Cuts to Save UniversityIn a letter to the community and staff, the University of Michigan President Mark Schlissel announced today measures to cut costs as the University bleeds money due to the Coronavirus shutdown in Michigan. In his letter, he wrote, "The pandemic also has threatened the financial stability and future strength of our university."
Unemployment Benefits Claims Skyrocket In Michigan“The system’s overwhelmed to be sure,” Gov. Gretchen Whitmer said earlier this week. “While it is cumbersome, we’re asking for people to be patient. We are working incredibly hard to make sure that we’re able to meet the need.”
Nearly 130K Michiganders File For UnemploymentLast week nearly 130,000 Michigan residents filed for unemployment, according to the U.S. Department of Labor.
Black Unemployment Rate Falls To A Record LowBlack unemployment fell to a record low in August, helped by a jump in the number of black women on the job.
Michigan Unemployment Rate 4.2 percent In June; Unchanged From MayFigures released Wednesday by the Michigan Department of Technology, Management & Budget show the state's unemployment rate remained unchanged at 4.2 percent in June.