Economy

Wisconsin economy was slightly worse than U.S in Q2 with state’s GDP down 32.6%

The Wisconsin economy shrunk at a 32.6% annualized rate in the second quarter, according to the initial estimate of the state’s GDP from the U.S. Bureau of Economic Analysis.

Wisconsin added 16,700 private sector jobs in August

Wisconsin added 16,700 private sector jobs from July to August, a 0.7% increase, and the state's unemployment rate dropped from 7.1% to 6.2%, according to U.S. Bureau of Labor Statistics data released today by the Department of Workforce Development.

Little change, but more certainty in metro Milwaukee hiring outlook heading into Q4

ManpowerGroup’s net employment outlook for metro Milwaukee heading into the fourth quarter of 2020 is 9%, the same level the quarterly survey was at heading into the third quarter.

Mitchell Airport travel continued slow rebound in July

Air travel through Milwaukee Mitchell International Airport continued to slowly rebound in July after plummeting earlier this year, but remained well behind levels from last year.
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ManpowerGroup survey: Nearly all workers concerned about returning to workplace, especially millennials

In a survey of more than 8,000 workers across eight countries, Milwaukee-based ManpowerGroup found that 94% of employees have some level of concern about returning to their workplace amid the COVID-19 pandemic.

Free virtual BizExpo is this week

BizTimes Media will host its 16th annual BizExpo conference on Wednesday, Aug. 19, and Thursday, Aug. 20, providing a free and virtual networking and business education opportunity.

Wisconsin’s arts and culture industry among the hardest hit sectors by COVID-19, report says

One-third of those employed in the arts, entertainment and recreation sector filed initial unemployment claims in the first five months of the COVID-19 pandemic in Wisconsin, making it one of the hardest-hit industries in the state, according to a new report. 

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