There’s been a lot of news in 2017! And in the midst of it all, many of us have much to be thankful for as we wind down another year.
One of the best stories of the last several months has been the American economy. Economic confidence is up. The Dow Jones Industrial Average is reaching new heights. The U.S. dollar is still the world’s dominant currency and our nation’s unemployment rate is holding at its lowest rate since 2001. Hopefully, this good news will continue into 2018!
But this isn’t the complete story. There are still millions of Americans trying to make ends meet. The national average for America’s poverty rate is around 14 percent. Closer to home, Michigan’s economic picture has brightened in recent years but many residents are still struggling. The poverty rate in about half of Michigan's communities increased. Overall, last year’s state poverty rate was 15.8 percent. Detroit, Michigan’s largest city, had a rate of 39.4 percent. Much too high!
As a state and nation there are still tremendous challenges to overcome. We have too many homeless, working poor, seniors and college students trying to keep their heads above water. Many local agencies and non-profits are having difficulty keeping up with the growing demand.
But working together, as diverse and caring communities, we can make a big impact on the lives of individuals who need a helping hand. During this holiday season, we urge you to take time to volunteer or make a donation – big or small – to your favorite cause.
Tis the season to give! Happy Holidays to all!
I’m Mike Murri, Vice President & General Manager
Broadcast: December 14 - 17, 2017