Tuesday, September 7, 2010

What's happening with Working Wisconsin?

I for one am seeing some greater activity with companies in spending some money on marketing, where in the past 6 months they didn't even want to talk about spending. I know that those companies that continue to market in a down economy generally gain market share as you look 2 years beyond a recession. Some that don't just don't survive period.

Amplify’d from host.madison.com

Biz Beat: Labor Day 2010 offers little to cheer

There's no shortage of economic reports pegged to Labor Day, and
for working people the news is pretty bleak.

Here in Madison, the Center for Wisconsin Strategy is out with
its "State of Working Wisconsin 2010" report, which paints
a rather grim employment picture both in the long and short
term.

The report from the liberal UW-Madison think tank finds
Wisconsin has 155,200 fewer jobs than it did at the start of the
recession, meaning about 5 percent of total jobs in the state have
been shed. The manufacturing sector alone has seen a 25 percent
loss in jobs over the past decade.

While the state unemployment rate has eased somewhat, falling to
7.8 percent in July, the "underemployment" rate -- which includes
those who've given up looking for work or are working part-time
because they can't find a full-time job -- now accounts for fully
15 percent of the Wisconsin labor force.

Read more at host.madison.com