Mayor Mike Duggan has submitted to City Council a proposed amendment to the City’s current fiscal year budget that outlines his administration’s plan to spend $156 million in surplus funds from the 2021-22 fiscal year. The surplus is attributed to much higher than projected revenues, primarily due to growing income tax revenues generated by the thousands of new jobs coming into the city.
The ninth year of Grow Detroit’s Young Talent, the City of Detroit’s summer work experience program for Detroit youth, officially kicked-off today with a goal of providing over 8,000 summer employment opportunities for Detroit youth ages 14-24.
Mayor Duggan and city housing officials today joined with members of the Barajas family of southwest Detroit as they became the 70th family to officially take trade in their former home for a newly renovated Detroit Land Bank home through the City’s Bridging Neighborhoods Home Swap program.
Today, Mayor Mike Duggan and the Detroit Economic Growth Corporation (DEGC) awarded more than $1.3 million in grants to 32 new and existing Detroit businesses selected as recipients of Motor City Match’s Round 21 awards. The funds will be used to help Detroit entrepreneurs start new brick-and-mortar businesses and existing businesses make physical improvements to their building.
Mayor Mike Duggan last night walked Detroiters through a step-by-step process for accessing their share of $100 million in American Rescue Plan Act funded adult scholarships to help them rejoin the workforce in a new job, or to receive training to start an entirely new career.
The City of Detroit has partnered with 18 community groups and activist organizations on a new program unlike any other in the U.S. that will help long-term unemployed residents get reengaged in the job market.
Mayor Mike Duggan will deliver a special evening presentation Jan. 30 at 7 p.m. to take Detroiters step-by-step through the process of getting their share of the $100M in job training scholarships the City is offering.
The National Bureau of Labor Statistics has released the November unemployment figures, showing Detroit’s unemployment rate had fallen to 6.4% in November. That marks the first time since December 2000 that Detroit’s unemployment rate fell below 7.0%.