— The state’s unemployment insurance call centers will be closed today for a designated furlough day. The administration has ordered sixteen furlough days for state employees over the span of two years because of state budget troubles. For unemployment claims today, the Internet claims site and automated phone system will still be in operation. The department is recommending the online claims site because operator assistance will not be available for people using the phone system. For more information, go to: http://dwd.wisconsin.gov/uiben/. — A new study by the National Association of Manufacturers predicts economic problems for Wisconsin if the global warming legislation known as the “cap and trade” bill is passed by Congress and signed into law. The study says Wisconsin could be hit hard because of its significant investment in coal-fired electricity and the state’s reliance on industries like papermaking and machinery manufacturing. The study predicts Wisconsin could lose upwards of forty-thousand jobs by 2030 and could see electric rates rise by as much as 60 percent while natural gas prices go up by nearly 80 percent. See details: http://www.wisbusiness.com/index.Iml?Article=167128 — The State Building Commission has given the final green light for the state to borrow nearly fifty million dollars to purchase two 14-car trains from a company based in Spain. Gov. Jim Doyle says the approval puts WIsconsin ahead of others in positioning itself for stimulus funds to enhance the Chicago, Milwaukee and Madison corridor. He predicts the routes would get heavy use once they’re in place, saying that the current Milwaukee to Chicago route is the most heavily used route outside of either coast in the United States. TOP STORIES Republic airborne on Midwest expansion: Midwest Airlines Inc.’s new owner is vowing to restore many of the routes that were cut over the past two years, now that it has completed its acquisition of the Oak Creek airline. Centrose opens testing facility in Madison: Centrose LLC, a Madison pharmaceutical company producing new drugs using proprietary sugar chemistry, said Thursday that it has opened a new biological testing facility after raising additional seed financing earlier this year. County receives $3.1M in stimulus funds for airport: Milwaukee County has received $3.1 million in stimulus funds to help pay for ongoing construction and improvement work at General Mitchell International Airport.
************************************************************ See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler: ************************************************************
MANUFACTURING (back to top) – End of the line for Milsco in Brown Deer – Briggs ends fiscal 2009 strong, cautious about 2010
LABOR (back to top) – Wisconsin State Journal, The Capital Times to cut newsroom jobs
REAL ESTATE (back to top) – Second-quarter home prices fall 9.9% statewide
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