— The state has announced that Wisconsin’s unemployment rate for November was 7.8 percent, up 0.1 percentage points from October’s final rate of 7.7 percent. That’s 2.6 percentage points higher than one year earlier but still below the national rate. From October to November, total Wisconsin non-farm employment decreased by an estimated 9,800 jobs. The state’s labor secretary says the steady rate is encouraging news but that there is still work to be done to help the scores of people who are still jobless. See the release: http://www.wisbusiness.com/index.iml?Article=180031 — Over the past 15 years, Wisconsin’s tax ranking among the 50 states fell from third in 1993 to 14th in 2007, according to a new report, “Long-Term Tax and Spending Ranks,” from the Wisconsin Taxpayers Alliance. The nonpartisan research organization also said that, with state and local government revenues growing less here than elsewhere, the Badger State’s 50-state spending rank dropped from 13th to 26th. See details: TOP STORIES World Council of Credit Unions gets federal contract: Madison-based World Council of Credit Unions (WOCCU) has received a $60.5 million federal contract to expand credit union services in southern and eastern Afghanistan. State film company wins Emmy: A Wisconsin company has won an Emmy award for its children’s television show. Discover Mediaworks, Inc. produced the show about aquatic invasive species along with the Wisconsin Department of Natural Resources and other organizations. Wisconsin health official: $600 million cuts on track: The state is on track to cut more than $600 million from Medicaid, but even with those reductions, high demand from the poor for insurance benefits could result in up to a $150 million shortfall, the secretary of Wisconsin’s Department of Health Services said Thursday. Chemical firm to bring 125 jobs to Pleasant Prairie : An Illinois chemical distributor plans to buy a vacant building in Pleasant Prairie’s LakeView Corporate Park, and hopes to move there by March – bringing up to 125 jobs to that Kenosha County community.
************************************************************ See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler: ************************************************************
ECONOMY (back to top) – Milwaukee ranks in MarketWatch’s top 20
MANUFACTURING (back to top) – ThyssenKrupp Safway sold, reverts to former name – Actuant optimistic about future earnings
LABOR (back to top)
INVESTING (back to top)
REAL ESTATE (back to top) – City acquisition of former Tower site closes – Wave’s Lindenberg acquires Pewaukee office building
AGRIBUSINESS (back to top)
TRANSPORTATION (back to top)
RETAIL (back to top) – Sun Prairie council approves 16-screen theater project – Expanding the brand: Kohl’s CEO Mansell embraces opportunity in economic downturn – Farm & Fleet operator disputes use of phrase
REGULATION (back to top)
TOURISM (back to top)
HEALTH CARE (back to top)
FINANCIAL SERVICES (back to top) – Chase donates $150,000 to Growing Power
MANAGEMENT (back to top) PRESS RELEASES (back to top) For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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