NATIONAL ECONOMY
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As Michigan housing costs soar, Biden wants to turn empty offices into housing
In Sept. 2020, the median home sale price in Michigan was $207,600. As of Sept. 2023, that figure had risen to $252,400, a 21% increase, according to Redfin. The median rent for a one bedroom apartment in Michigan has also increased, rising by $251 from May 2020 to May 2023 – a 22% increase.
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Autoworkers are the latest to spotlight the power of US labor. What is the state of unions today?
US labor unions are once again flexing their muscles in the national spotlight.
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Biden Signs Bill to Block Rail Strike to Protect Economy; Senate Voted Down Effort to Give Rail Workers Paid Sick Days
Democratic lawmakers tried to pass a second bill that would have added paid sick days to the agreement, but were unable to reach the 60-vote threshold needed in the Senate, due to most Republican senators opposing the measure.
