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Michigan's most populous county has recovered most of its employment losses from the start of the pandemic, though the economic comeback varies widely among the kinds of jobs and between some of its more affluent suburbs and the city of Detroit, according to a University of Michigan study. Wayne
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.
Wayne County Building. Image credit: Austin Thomason, Michigan Photography Michigan’s most populous county has recovered most of its employment losses
Jul 2, 2021 5:42 PM EDT The U.S. economy is awakening from a coma. That was the analogy used by more than one economist who spoke with the PBS NewsHour about the uptick in consumer prices that Americans have experienced over the past few months — one year after the coronavirus pandemic brought the economy to a grinding halt. The prices of goods and services in the U.S. rose by 5 percent in May from the previous year, marking the highest inflation rate recorded since 2008. The latest Bureau of Labor Statistics report released on June 10 immediately sent some...
Our roundup of the latest news from metro Detroit and Michigan businesses, including updates about the COVID-19 pandemic.