job creation

Courtesy of the Capital Region Community Foundation

The Next Idea

When we think of nonprofits, we often think of them helping people or working for causes that improve our quality of life but are difficult to monetize. And usually, it’s their work and their cause that inspire us to give.  

What’s often not mentioned, however, is just how much Michigan’s nonprofit sector also contributes to our economic well-being.

flickr/jmarty / http://michrad.io/1LXrdJM

The Next Idea

Silicon Valley churns out apps to “change the world,” but whose world are they really changing? How do we know if these new technologies are going to work in a city like Detroit, for example?

All across America, digital innovations have proliferated in the last four decades, but poverty rates haven’t budged, and inequality has skyrocketed.     

Rebecca Kruth

The federal government this week closed its annual application period for H-1B visas after applications exceeded the annual cap of 65,000.

Some Michigan business leaders are calling for the government to raise the cap, which they say hurts the state’s economic growth.

Michigan must divide in order to conquer

Mar 9, 2015
Flickr

The Next Idea

When people think of Michigan, a number of iconic images come to mind – a long assembly line, acres of cherry orchards, miles of gorgeous coastline. This wide variety of industry, agriculture and tourism contributes to the resilience of our $400 billion economy and is what makes Michigan special. But these industries and regions also have very different requirements to help them grow. The challenge lies in how to foster growth in each one without competing against each other so that some Michigan residents win only when others lose.

New immigrants are crucial to Michigan's future

Feb 26, 2015
Flickr/Icars

The Next Idea

Every American family has a genesis story about how they came to be in this country: escaping a cruel despot, searching for elusive riches, or enslaved by brutal overlords. Only the few that were made foreigners in their own lands can claim to be the original Americans. Somewhere along the way, you or your ancestors had to overcome the perils of the journey, the acquisition of the language, the challenges of employment, and the stigma of prejudice and intolerance. Regrettably, some are still struggling to this day.

The Next Idea

You may have never heard of Joseph Schumpeter, an eccentric Austrian economist who taught at Harvard in the 1930s and '40s. But to those of us who study the strategic and financial dynamics of innovation, he is far more influential than his peers John Maynard Keynes or Milton Friedman. Schumpeter is the guy who made the entrepreneur the engine of growth for an economy, and several Nobel Laureates since have suggested that he was right on most counts.

Michigan Municipal League / Flickr

We are hearing it a lot this election cycle: Gov. Rick Snyder says he's created 300,000 private-sector jobs. His Democratic opponent, Mark Schauer, promises he will create more and better-paying jobs if he's elected.

But cutting through the campaign promises, what role does a governor really have in creating and keeping jobs for Michigan?

Michigan Radio's Lester Graham asks that question in his latest report for Michigan Watch, and Donald Grimes is with the University of Michigan’s Institute for Research on Labor, Employment and the Economy.

Dave Pinter / Flickr

It’s been a big week for Michigan’s auto industry.

A report from Business Leaders for Michigan revealed a plan to bring 100,000 automotive jobs to the sector. And General Motors announced the next CEO of the company will be Mary Barra. She’ll be the first female CEO in the car industry.

Daniel Howes, a business columnist from The Detroit News, talks with us about this week’s announcements.

Listen to the full interview above.

Matthileo / Flickr

This week in Michigan politics, Jack Lessenberry and Emily Fox discuss the state of Medicaid expansion in the Michigan Senate, Governor Snyder's trade mission to Israel, and the political future of Mike Duggan in Detroit.