Stimulus Package Update: Plan Should 'Give As Generous Aid To Local Governments As Possible,' Economist Says

The proposed $908 billion coronavirus relief package is gaining traction in Congress. But will it be enough, and will it come in time?

• Dec 9, 2020

New Unemployment Head Balances Paying Claims, Stopping Fraud

Michigan's acting unemployment director told lawmakers Wednesday her office is trying to balance between quickly paying benefits to jobless workers and preventing fraud, saying impostor claims are rampant in a backlog of 90,000-plus cases.

• Dec 2, 2020

Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market'

In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?

• Oct 16, 2020

Stimulus Package Update: What Happens To The Economy Without A Second Stimulus?

Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks.

• Oct 15, 2020

Stimulus Check Latest: Timeline For When Americans Could Receive Next Payment

More stimulus checks would help suffering Americans and prop up the sagging U.S. economy, but Democrats and Republicans haven't yet agreed on a deal.

• Oct 7, 2020

Stimulus Check Latest: Revised HEROES Act, Passed By House, Includes $1200 Payment; $600 Additional Unemployment

The revised HEROES Act, passed by Democrats in the House, would still include stimulus payments and enhanced unemployment benefits.

• Oct 6, 2020

Stimulus Check Update: What's The Latest On A Second Payment Package?

Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.

• Oct 1, 2020

Stimulus Check Update: Will Americans See More Financial Aid Before The Election?

Time is running out on a stimulus package passing before the election, even as the need for another stimulus check and additional unemployment payments remains strong.

• Sep 22, 2020

Trump's Additional $300 Unemployment Benefits Could Now Last Up To Six Weeks

Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.

• Sep 15, 2020

Trump's Additional Unemployment Benefit: What We Know Right Now

President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.

• Aug 28, 2020

Where Do States Stand On Trump's Unemployment Insurance Executive Order?

States react to President Trump's executive order extending additional weekly unemployment insurance payments in the amount of $400.

• Aug 10, 2020

'Job Gains Have Slowed Considerably,' Says Economic Policy Institute Economist

Unemployment's sizable decline in July still reflects a slowing economic recovery in the face of the unchecked coronavirus pandemic.

• Aug 7, 2020

'We Know This Is A Recession, But We Don't Want This To Go Into Depression Territory,' Says Economics Professor

With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.

• Jul 31, 2020

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."

• Jul 23, 2020

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.

• Jun 26, 2020

As People Resume Work, Here Are The Seven Top Jobs Making A Comeback

The Latest Jobs Report Could Mean The Worst Is Behind Us

• Jun 7, 2020

Unemployment Unexpectedly Drops, But Full Recovery Not Imminent

The unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.

• Jun 5, 2020

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.

• May 21, 2020

'There's Only One Bill To Prioritize -- Everything Else Is Negotiable': CBS Analyst Explains How To Navigate Outstanding Balances On Limited Funds

Jill Schlesinger, certified financial planner and CBS News business analyst, looks at how to devise a game plan for paying bills when money is tight.

• May 18, 2020

Over 80 Michigan Companies Have Given Notice of Layoffs or Closures

Since March over 80 businesses have given WARN notices across the state, with 58 being in Southeast Michigan.

• May 7, 2020

UofM Makes Drastic Cuts to Save University

In 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."

• Apr 20, 2020

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."

• Apr 2, 2020

Black Unemployment Rate Falls To A Record Low

Black unemployment fell to a record low in August, helped by a jump in the number of black women on the job.

• Sep 6, 2019

Michigan Unemployment Rate 4.2 percent In June; Unchanged From May

Figures released Wednesday by the Michigan Department of Technology, Management & Budget show the state's unemployment rate remained unchanged at 4.2 percent in June.

• Jul 17, 2019

Appeal Panel Allows Unemployment Insurance Fraud Lawsuit Against State To Move Forward

A lawsuit can move forward over how Michigan bungled unemployment fraud cases.

• Jan 4, 2019

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