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InvestorHire
  • Home
  • Articles
  • FAQ
  • Talent Acquisition
  • Work for Us
  • Founders or Inventors
  • News
    • Catastrophic 7.7-Magnitude Earthquake Devastates Myanmar and Thailand
    • Quantum Teleportation Breakthrough
    • Global Markets Tumble as Tariff Fears Escalate
    • Tariffs and Tensions: How Global Trade Policies Are Shaping the Economy
    • Elephant Tranquilizer Hits Bay Area: Carfentanil Threatens Lives
  • Executives & Advisors
  • Partners
  • Volunteers
  • Investors
  • Mergers & Acquisitions
  • More
    • Home
    • Articles
    • FAQ
    • Talent Acquisition
    • Work for Us
    • Founders or Inventors
    • News
      • Catastrophic 7.7-Magnitude Earthquake Devastates Myanmar and Thailand
      • Quantum Teleportation Breakthrough
      • Global Markets Tumble as Tariff Fears Escalate
      • Tariffs and Tensions: How Global Trade Policies Are Shaping the Economy
      • Elephant Tranquilizer Hits Bay Area: Carfentanil Threatens Lives
    • Executives & Advisors
    • Partners
    • Volunteers
    • Investors
    • Mergers & Acquisitions

EVERYTHING MICHIGAN

Labor Laws:

Michigan has a number of labor laws that apply to employers operating within the state.

The state's current minimum wage is $9.87 per hour, but it is set to gradually increase to $12.05 per hour by 2023.

Michigan employers must comply with federal laws such as the Fair Labor Standards Act (FLSA), which governs issues such as minimum wage, overtime pay, and child labor.

Michigan employers are also subject to state-specific laws such as the Michigan Payment of Wages and Fringe Benefits Act, which covers issues such as wage payment, overtime pay, and deductions from pay.

Other Michigan labor laws that may be relevant to HR professionals include laws related to discrimination, harassment, and employee leave.

Hiring Statistics:

According to the Bureau of Labor Statistics, the unemployment rate in Michigan was 4.1% as of January 2022, which is slightly higher than the national average.

Michigan has a diverse economy with a mix of industries, including automotive, healthcare, technology, and manufacturing.

In terms of demographics, Michigan has a relatively large population of Black or African American residents, as well as a growing Hispanic or Latino population.

Michigan is also home to a number of universities and colleges, which can provide a source of skilled labor for employers.

Overall, Michigan's economy is diverse and provides a variety of opportunities for employers. HR professionals must be aware of labor laws in Michigan to ensure compliance when recruiting and hiring job candidates.

The top cities in Michigan include: Detroit, Grand Rapids, Warren, Sterling Heights, Ann Arbor, Lansing, Flint, Dearborn, Livonia, Troy, Westland, Farmington Hills, Kalamazoo, Wyoming, Southfield, Rochester Hills, Taylor, Pontiac, Novi, Battle Creek



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Disclaimer: Invest or Hire, LLC is not a registered broker-dealer but manages connecting businesses for the sake of economic growth. We are not able to be involved in any negotiation processes through private investment fundraising procedures especially as it pertains to those involving securities. We scout and connect for both founders/inventors as well as investors in addition to talent acquisition and providing business resources.                                                                                  


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