by dankeelan | May 20, 2025 | Jobs, Michigan, Tariffs
State officials agreed May 16 to revise downward state revenue projections by $456 million over the next two years, largely due to President Donald Trump’s tariff policies, which one forecaster said will cost Michigan 13,000 jobs from the auto sector alone....
by dankeelan | Apr 29, 2025 | Featured, Jobs, Tariffs, U.S. Economy
The fallout from U.S. President Donald Trump’s trade war reverberated further through the corporate world on Tuesday, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors pulled its outlook and pushed its investor call to...
by dankeelan | Apr 22, 2025 | Featured, Jobs, Tariffs, U.S. Economy
The International Monetary Fund warned on Tuesday that the global economy is set to enter a “new era” marked by “significantly” slower economic growth caused by tariff chaos and uncertainty brought about by President Donald...
by dankeelan | Apr 8, 2025 | Featured, Jobs, Tariffs, U.S. Economy
President Donald Trump’s tariffs — and the anxiety they are creating — have sent the stock market into a nosedive. But it’s not just stocks. Uncertainty is spreading throughout the economy. There are several ways these concerns are showing up in the labor market,...
by dankeelan | Apr 1, 2025 | Featured, Michigan, Tariffs, Unemployment
Michigan has experienced the largest increase in its unemployment rate of the 50 states over the last year and currently has one of the worst jobless percentages in the nation, according to data released Friday by the U.S. Bureau of Labor Statistics. The national...
by dankeelan | Mar 25, 2025 | Featured, Jobs, Tariffs
Ford dealer Jim Seavitt has an uneasy feeling in the pit of his stomach these days that’s reminiscent of how he felt about 17 years ago. “We’re down 50% in leads. Everything’s off 40% to 50%. People just aren’t looking at cars right now,” Seavitt,...
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