Today we look at how economic incentives are used in the Lansing area. There is fierce competition out there among cities and communities, not just in Michigan but across the country, to attract new businesses that will bring jobs and economic growth. This competition often gives companies the upper-hand when asking for tax abatements and other incentives from local taxpayers. But just how much should Lansing give up in tax revenue for, say, 1000 new jobs? And once that deal is made, how are the numbers tracked to see if, indeed, those new jobs have materialized? What are the consequences if they don’t?
As the university school year winds down, many students are preparing for summer unpaid internships, hoping to improve their employability.The practice of not paying interns has become increasingly widespread.
In a recent opinion piece in the Lansing State Journal CEO of Capital Area Michigan Works Doug Stites wrote that the 20% funding cuts to his agency come at a critical time when efforts to retrain Michigan workers for in-demand jobs is extremely important. At the same time, a number of taxpayers are skeptical of the publicly funded agency's work.
A new program is offering talented college grads the chance to learn entrepreneurialism on the front lines. It also aims to help perk up job creation in some of America’s most economically challenged cities, including Detroit.
Despite the noticeable strengths of Lansing’s economy, a number of employers struggle with a shortage of qualified I-T workers. Increasingly, information technology jobs go unfilled for weeks and months. Employers and job-seekers alike are hoping a new, multi-million dollar skills initiative—E-Pathways--will help close the gap.