Stress Among Michigan Workers Ranks 2nd in U.S.
According to a recent poll from LinkedIn’s Workforce Confidence Index, nearly 70% of workers across the nation said they felt stressed over the past month. However, there are big variations depending on where you live, how much you earn, and which generation you belong to.
West Michigan’s Economic Rebound Outpaces the State and Nation
The unemployment rate across the state skyrocketed to achieve a historic high of 23.6 percent in April — the highest jobless rate seen for Michigan since at least 1976 — and fell to 5.1 percent as recently as October, slightly below the national rate of 6.6 percent. The 3.1 percentage point recovery to the state’s […]
Work Is Not an Option for Many Students; They Need Support
In 2018-19, more than 59% of Michigan college graduates left school with student loan debt averaging $30,677. That is the 17th-highest level in the nation.
Getting to Know HireReach
Reducing bias and other inconsistencies in the hiring process has never been more important. HireReach is helping employers do this by assisting them to develop and implement an evidence-based selection (EBS) process for hiring. HireReach uses a methodology that was developed at Mercy Health in 2010. Since the initiative launched in 2019, twenty-six West Michigan […]
Unemployment Falls, Job Growth Continues into September
At the onset of the pandemic the unemployment rate across the state skyrocketed to achieve a historic high of 23.6 percent — the highest jobless rate seen for Michigan since at least 1976 (as far back as comparable records extend) — and fell to 8.2 percent as recently as September. The 0.7 percentage point recovery […]
Financial Education in the Fight Against Discrimination
In the U.S. — particularly in Michigan’s largest cities and rural communities — protests highlighting systemic racism, specifically within the criminal justice system, continue to take city streets by storm. This, in turn, has put a spotlight on how our current community leaders and politicians have been neglecting African Americans and people of color since time immemorial. […]
Hiring in COVID Era Is Tough; Here Are 5 Strategies
It is impossible to determine precisely how long it will take for the economy to rebound from COVID-19. It’s even more difficult to pinpoint which jobs will disappear and which will emerge in the post-pandemic world. But one thing remains clear: Hiring leaders will need to think and act differently to overcome these ever-evolving challenges.
The Other Pandemic: Students Isolated from Mental-Health Support of School
As school districts across Michigan evaluate whether to stay with or switch to remote, in-school, or a hybrid education model, one large factor continues to be the mental health of students participating in remote learning.
Economic Disparities are Widening, Who’s Vulnerable?
Impact by Gender Men typically lose work early in a recession because they tend to be employed in industries that are more cyclical. However, the early stages of the pandemic saw rapid declines in female dominated industries — such as Leisure and Hospitality, an industry in which 53 percent of workers were female in February. […]
Job Growth Continues into July, but It’s Slowing
Labor Market Trends across Michigan The unemployment rate across the state reached historic levels at the onset of the pandemic, skyrocketing to achieve a rate of 23.6 percent in April — the highest jobless rate seen for the state since at least 1976 (as far back as comparable records extend) — and stood at 8.7 […]