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From Michigan Business Daily
Jobless claims in Michigan number 1,436,250 since COVID-19 shutdowns began
Jobless claims filed by Michigan residents since the start of coronavirus shutdown orders in mid-March have hit 1,436,250, or 29.1 percent of the state’s workforce, according to a new analysis from the website 24/7 Wall St.
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IRS audit rate for Wayne County residents is highest in Michigan
Wayne County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in Michigan, according to an analysis by the website 24/7 Wall St.
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Purchasing power of a dollar in Michigan equals $1.07, study finds
The purchasing power of a dollar in Michigan, based on the cost of living and other factors in the state, is $1.07, according to a state-by-state ranking of the dollar’s value by the website 24/7 Wall St.
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Lake ranks the poorest of Michigan counties
Lake County was ranked the most impoverished county in Michigan in a 24/7 Wall St. analysis of the least affluent regions in all 50 states.
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Bloomfield Hills ranks the best suburb in Michigan, study finds
Based on a ranking consisting of 10 measurements, including income levels, home ownership and commute times, Bloomfield Hills is the best Michigan suburb in which to live, according to a 24/7 Wall St. analysis published this month.
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From Michigan Business Daily
Flint’s concentrated poverty rate is the highest in Michigan
The Flint metro area’s share of extreme poverty – neighborhoods where at least 40 percent of residents live below the poverty level – is the highest in Michigan, according to a new analysis from the website 24/7 Wall St.
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From Michigan Business Daily
Leelanau County’s $3,447-per-month cost of living is the highest in Michigan
Residents of Leelanau County need to make $3,447 every month to maintain a modest standard of living, making it the most expensive place to live in Michigan.
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From Michigan Business Daily
Average student loan debt for graduates in Michigan is $30,978, study finds
College graduates in Michigan have an average debt burden of $30,978, according to a study by the website 24/7 Wall St. examining average student loan debt in the 50 states.
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From Michigan Business Daily
Michigan ranks 11th lowest in state, local government GDP, study finds
Michigan finished 11th lowest in the size of its state and local government operations, based on their share of the state’s gross domestic product, according to a 24/7 Wall St. analysis.
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From Michigan Business Daily
Lake rated least livable among Michigan counties, study finds
Lake was ranked Michigan’s worst county to live in, according to a Wall St. 24/7 analysis of regions with the poorest quality of life within all 50 states.