UpFront: Commerce secretary sees Wisconsin well-positioned for recovery

By WisBusiness Staff

Commerce Secretary Dick Leinenkugel predicts gradual job growth beginning in 2010 and says that with its diversified economy, the state is ready to take advantage of economic recovery.

“I know we’re ready when the recovery comes,” Leinenkugel said on On Sunday’s “UpFront with Mike Gousha.” “It’s because we’re such a diversified economy.”

Leinenkugel predicted the state, which has lost roughly 130,000 jobs since October 2008, would see jobless numbers turn around in the second quarter of 2010 as businesses gradually begin to hire more workers.

Leinenkugel said he’s talked with manufacturers who say that orders are starting to come in, which he said indicates hiring will likely follow.

Leinenkugel pointed to the quality of the state’s people as its best competitive advantage, and pointed to a number of efforts the state is involved in to retain and attract businesses and boost exports of the state’s technologies, goods and services.

Watch the program