Our analysis of the robust 2019 Michigan labor market makes clear that Michigan has a two-tier economy. Nearly six in ten Michigan payroll jobs pay less than what is required for a family of three to be middle class ($47,000).…
We have proposed a big Earned Income Tax Credit expansion. Increasing the current state match from six percent to 60 of the federal credit. Doing so would increase the average state credit from $150 to $1,500. To us it is…
Michigan Future is always trying to understand the reality of today's economy and labor market. Our mission is to catalyze a future for Michigan where all families can thrive, which means that all families have the chance to earn a…
We want to take a quick moment to re-introduce an effort that Michigan Future coordinated last year. Along with 23 leaders in economic and community development—from around the state and across the political spectrum—we called state leaders to action around…
Must read new report from McKinsey entitled Unequal America: Ten insights on the state of economic opportunity. The findings come from an online survey conducted by Ipsos of 25,000 Americans in the spring of 2021. Results are reported on for…
K-shaped economy is how many describe our economy since the pandemic. And most expect the recovery to be K-shaped as well. The reality is that the Michigan economy was K-shaped pre-pandemic. With those at the top doing well, but far…
The Michigan Association of United Ways recently reported that in Michigan's strong pre-pandemic 2019 economy 38 percent of Michigan households were unable to pay for basic necessities. So in what many called the best U.S. and Michigan economy ever, nearly…
Governor Whitmer's new economic policy agenda states: The construction of this agenda has, as a guiding principle, the idea that a primary goal of state economic policy should be rising household incomes for all Michiganders, especially those who are struggling.…
The pandemic is hardening our two-tier economy. One where those at the top are doing well, but way too many Michiganders are struggling. Low-wage workers have suffered the most since the onset of the pandemic and the forecast is that…