Hicks: Latest job numbers may cause Fed to raise Interest Rates

The November jobs report was across the board the most unambiguously positive on record, and it might cause the Federal Reserve to raise interest rates, says Ball State economist Michael Hicks. The Department of Labor announced this morning that employers added 211,000 jobs in November.  Hiring for September and October was revised higher by a combined 50,000 jobs. “Job gains…

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Statement from the Michigan Restaurant Association on President Obama’s Ann Arbor Visit

While it may be well-intentioned, the Michigan Restaurant Association opposes the proposal in Michigan to increase the minimum wage to $10.10 that also seeks to completely eliminate the tipped minimum wage.  It is the wrong plan at the wrong time for Michigan’s still fragile economy. As small businesses in Michigan are still reeling from the red tape nightmare of complying…

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