The US Department of Labor says updated regulations will increase income thresholds to ensure lower-income salaried employees are fairly compensated when they work more than 40 hours per week.
MONEY AND JOBS POLITICS
Biden administration bans noncompete clauses for workers
The new rule bans new noncompete agreements for the vast majority of American workers and requires employers to let current and past employees know they won’t enforce them going forward. Companies will also be required to throw out existing noncompete agreements.
Thousands of workers rush to ‘make it in Michigan’ as clean energy jobs multiply
A massive marketing campaign designed to fill manufacturing jobs in Michigan is starting to pay dividends for employers—and the state’s economy.
Whitmer announces 144 new jobs at four Kent & Bay County companies
Governor Whitmer has announced the expansion of four businesses in Kent and Bay counties. These projects, supported by the Michigan Strategic Fund, are predicted to bring about 144 new jobs and generate nearly $72 million in capital investment.
Biden administration funds to bring 500+ new Michigan jobs to hydrogen fuel ‘gigafactory’
Federal grant funding awarded this month is set to help build a new hydrogen fuel factory in Plymouth and create hundreds of new jobs.
Opinion: The American Rescue Plan is worth celebrating in Michigan
On the third anniversary of this landmark legislation, it is imperative to reflect on the positive impact this law continues to have here in Michigan and across the country.
Michigan lawmakers advance bills to combat ‘predatory’ payday loans
Two bills passed in the state Senate aim to fix an exploitative system of payday lending that has trapped thousands of Michiganders in a cycle of debt.
Three years later: What is Biden’s American Rescue Plan doing for Michigan?
Three years after being signed by President Joe Biden, the American Rescue Plan Act is still paying dividends for Michiganders—and their bank accounts.
Michigan activists call for state lawmakers to fight against poverty
BY KEN COLEMAN, MICHIGAN ADVANCE MICHIGAN—Dozens of Michigan activists rallied at the Michigan Capitol on Saturday and called for the state government lawmakers and executives across the nation to respond to poverty. “It’s time to take back the mic. It’s time to lift...
Michigan Senate committee considers bills to cap payday loan rates
Testimony was heard Wednesday on proposed legislation to cap the rates that payday lenders in Michigan can charge and prevent “a debt trap by design.”