WWJ Business Analyst Murray Feldman says that layoffs have increased in Michigan. On top of that, most companies don't have formal severance packages. Also -- If you're having trouble budgeting, Feldman says look at items by how many hours you have to work to make that purchase.

<p>WWJ Business Analyst Murray Feldman says that layoffs have increased in Michigan. On top of that, most companies don't have formal severance packages. Also -- If you're having trouble budgeting, Feldman says look at items by how many hours you have to work to make that purchase.</p>

Murray Feldman's consumer business reports heard on WWJ Newsradio 950.

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