The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too…
Tag: unemployment
Michigan businesses, airports and unemployment agency impacted by global IT outage
Airports, news stations, hospitals and banks worldwide are experiencing a technology outage due to a flawed update from cybersecurity firm CrowdStrike. The outage, which is causing issues with computers running Microsoft Windows,…
Michigan House approves increasing unemployment benefits to 26 weeks
The Democratic-led Michigan House on Wednesday passed an increase to the maximum eligibility for unemployment benefits from 20 weeks to 26 weeks. Democratic Gov. Gretchen Whitmer temporarily reinstated the 26 week maximum…
$55M settlement against state unemployment agency given preliminary approval
Preliminary approval has been reached in the settlement of a class action lawsuit against the Michigan Unemployment Insurance Agency (UIA). The $55 million settlement, which still needs legislative approval, would reimburse workers…
March jobs report shows strong labor market with job gains in health care and government
The sturdy labor market continued to chug along in March, with an unemployment rate of 3.8%, marking the 26th straight month of an unemployment rate under 4%. The economy added 303,00 jobs,…
Michigan auditor general decries proposed budget cut
Michigan Auditor General Doug Ringler says his department’s budget for the upcoming fiscal year will see a nearly 30% reduction, which would “significantly impair” the oversight function of an agency that has…
Thousands of Michiganders falsely accused of unemployment fraud get $20M settlement
About 3,000 Michiganders, as part of a class-action lawsuit, will split a $20 million settlement after Michigan’s long-criticized computerized unemployment system falsely accused them of fraud when accessing benefits, resulting in a…
December jobs report: Wages up, hiring steady as job market ends year strong
Friday’s jobs data showed a strong, resilient U.S. labor market with wages outpacing inflation — welcome news for Americans hoping to have more purchasing power in 2024. The December jobs report unveiled…