Chris Holman welcomes back Kimberly P. Hafley, Director of Marketing and Recruitment, Foster Swift Collins & Smith PC Attorneys, Lansing, but Foster Swift covers, six locations; Lansing, Detroit, Southfield, Grand Rapids, Holland, and St. Joseph.
Makes Near-Term Fed Rate Cuts Less Likely
- The January jobs report was much stronger than expected, with job gains of 353,000. There was also a big upward revision to December job growth.
- The unemployment rate held steady at 3.7%; it has been below 4% for 24 straight months.
- Wage growth was very strong and reaccelerated on a year-over-year basis.
- The very strong January jobs report makes a fed funds rate cut in mid-March unlikely.
Announcing a Partnership that's Good For Michigan
Pure Michigan Business Connect (PMBC) and People First Economy have partnered to promote and advance sustainability throughout Michigan's business community.
Offsetting Recent Downward Trends
- Initial claims for unemployment insurance rose by 9,000 to 224,000 in the week ending January 27.
- The four-week moving average of initial unemployment insurance claims rose modestly to 208,000.
- Continuing claims jumped by 70,000 to 1.898 million in the week ending January 20.
Faces of Manufacturing is a new show to Michigan Business Network. Cindy Kangas, Executive Director, CAMC, Capital Area Manufacturing Council, Lansing, Michigan, co-hosts with Joy Wagner, HR Manager of Granger Waste Services, also Lansing.
Cindy and Joy strive to share the corporate culture, personal stories, and unique personalities of those making a living in manufacturing today, in Michigan. With that in mind, this month they connected with several members of the LaFontaine family of dealerships. The Family Deal: It’s Not Just What You Get, It’s How You Feel.
Automation Alley’s first Integr8 Playbook focuses on global trends
“Navigating the Future: Global Industry 4.0 Trends, Standards and Policy” is the first in a series of playbooks planned from the Integr8 roundtable series
But Tries to Contain Expectations for Near-Term Rate Cuts
- The FOMC adopted an easing bias, but wants further evidence that inflation is moving to 2% over the long run before cutting the fed funds rate.
- The FOMC kept the fed funds rate unchanged, in a range between 5.25% and 5.50%.
- The FOMC made no change to its balance sheet policy.
- PNC expects fed funds rate cuts starting in May, with total cuts of 100 basis points over the course of 2024.
Launch team members and human resources staff to share plans, progress and job opportunities with Lansing’s new high-tech battery cell manufacturer
LANSING, Mich. — Google “electric vehicles” and you’ll find page after page of studies, news articles and even data from theU.S. Bureau of Labor Statistics about the products’ rise in popularity and potential.
State awards $17.5 million grant to prepare Lowell Township’s Covenant Business Park for development
237-acre parcel is one of 18 statewide projects awarded by MEDC’s new Strategic Site Readiness Program
In Partnership With
