Hire Local, Cash In
According to the Michigan Department of Labor & economic growth, the state's labor force has continued to shrink--falling by 64,000 (1.3%) from January to July. Since July 2006, the state has lost 27,000 payroll jobs in manufacturing, 17,000 in construction, 14,000 in government, and 13,000 in trade, transport, and utilities.A new economic development bill proposed by Democrats hopes to address this issue-- giving extra incentives for hiring Michigan workers. Hire Michigan First would create a sliding scale in which a company employing 100% Michigan workers is more likely to get a tax break than one employing 80% local workers. The bill would also make sure that companies hiring illegal immigrants would not receive contracts or incentives.
State Rep. Robert Dean summed up the proposal at a news conference on Monday: "Tax incentives and other benefits that come with economic development projects should be awarded only to companies that put Michigan workers first."
Sources: Grand Rapids Press, Lansing State Journal, Forbes via AP
Labels: incentives, jobs, Michigan
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