The Detroit Regional Chamber's annual Mackinac Policy Conference.
Chris Holman speaks with James Holcomb, President & CEO, Michigan Chamber of Commerce, from Media Row, at the Grand Hotel, while at the 2022 Mackinac Policy Conference.
Watch James and Chris discuss the Michigan Chamber of Commerce along with their overall focus from the #MPC22 click play on the YouTube video below.
Attracting and Retaining Talent – The Key to the Workforce Crisis
Advocacy News – June 2022
The Great Resignation and aftermath of COVID-19 continue to have a significant impact on the workforce shortages across the country. Over 41 million Americans left the workforce in 2021 creating great strain in almost every industry – from manufacturing to health care. The Michigan Chamber of Commerce has worked alongside the Michigan Legislature as they put a distinct focus on ensuring the Great Lakes State successfully recovers and attracts new businesses and industries.
However, a key component of addressing the workforce crisis is harnessing and honoring the talent we have right in our own background. This is why the state should take a look at the students partaking in our four-year institutions, community colleges, and trade schools to increase and strengthen our talent pipeline.
Last week the Michigan Chamber of Commerce signed onto a letter of support for the Michigan Achievement Scholarship which aims to provide high school graduates with up to $6,000 for up to four years at any of Michigan’s four-year public instructions and up to $3,000 for two years for students who enroll at any of Michigan’s community colleges, qualified private training institutions and trade schools. Implementation of the program would cost approximately $361 million but would have a continuously positive impact on our state and our talent for decades to come.