State Labor Force Overview: Wisconsin
As part of the 2023 Regional Economic Conditions Conference hosted by the Federal Reserve Bank of Minneapolis, Dr. Tessa Conroy provides an overview of the Wisconsin labor force.
Economy
We advance research about community and economic development in Wisconsin and provide applied research, education, and assistance to individuals, local governments, and community organizations.
Articles
What Makes For A Resilient Community?
Professor Deller addressed: Why are some communities more resilient to shocks? What can communities do to improve their ability to rebound?
A Trade Area Analysis of Wisconsin Retail and Service Markets: Updated for 2021
Using 2021 county sales tax data, we examine the strength and weaknesses of Wisconsin retail and service markets through the application of the tools of Trade Area Analysis. Only those counties that have elected to collect the optional county sales tax are included in the analysis. Because sales tax data are used one must keep in mind that the analysis focuses only on taxable sales and may not reflect the total level of activity in the county. Using Pull Factors and measures of Surplus and Leakage the relative strengths, and weaknesses, of local retail and service markets are identified.
Supporting Business Succession & Transition: Lessons Learned from Minnesota
There are about 50,000 employer businesses owned by people over 55 years old in Minnesota. Or about 50% of the businesses in the state. In this webinar, guest presenter, Michael Darger, describes efforts at the University of Minnesota Extension to work across organizations to raise awareness among business owners and create support for business succession and transition (BST) planning in rural areas.
WIndicators Volume 5, Number 5: Understanding and Mobilizing the Potential of Entrepreneurs of Color in Wisconsin
People of color are starting and growing businesses at high rates in Wisconsin. This study explored the experiences of BIPOC entrepreneurs in Fond du Lac County through 1-1 interviews and the Community Capitals Framework (CCF). Business owners expressed satisfaction with the natural beauty and safety of the area while describing limited technical knowledge (human capital), networks (social capital), and financial capital in the critical startup phase of their entrepreneurship. Business development technicians and educators can use this study to better support entrepreneurs of color in their Wisconsin communities.
Pandemic Fad or Here to Stay? Impacts of Remote Work on Employees, Businesses and Communities
The movement of employees to remote work due to the COVID-19 pandemic has been well-documented. Indeed, the Census Bureau recently reported that the number of people working primarily from home tripled between 2019 and 2021. This shift certainly caused hardship among some employees but was widely embraced by many others. With the World Health Organization noting that the pandemic is nearing its end, employees, businesses and communities face questions regarding the future of remote work. This webinar explores trends in remorse work and offers insights into questions about the future of remote work.
2022 Northwoods Economic Development Summit
Summary Date: Wednesday, October 12 | Location: Nicolet College Theatre, Lakeside Building. Special Guest: Neel Kashkari, President, Federal Reserve Bank of Minneapolis Sponsors: Grow North, The Lac du Flambeau Band of the Lake Superior Chippewa Indians, Nicolet College, Baylake Regional Planning Commission, North Central Wisconsin Regional Planning Commission, and University of Wisconsin-Madison Division of Extension […]
A Broader Vision of Quality of Life as Economic Development Policy
Over the last couple of decades, community economic development practitioners and researchers have explored the importance of quality of life on economic activity and population growth. Dr. Amanda Weinstein discusses her work on the importance of quality of life for Midwestern communities and shares what this might mean for a broader set of economic development policy recommendations.
WIndicators Volume 5, Number 4: Returns to Higher Education
With rising costs to students and soaring debt levels, many people are questioning the value of pursuing higher education. Nationally, a person with a bachelor’s degree will earn about $560,980 or 37.8% more than a person with a high school degree, even while accounting for lost years of work while obtaining the degree.
How to Utilize Data for Community Economic Development (Part II)
Building on the data sources described in Part 1, this session explores how to use data once you have extracted it. Real-world examples will be shared to demonstrate how data can be used in applications related to commuting patterns, retail surplus and leakage, workforce development, housing analysis, and industry expansion and retention.
How to Access Data for Community Economic Development (Part I)
This session provides an overview of data sources to help guide community economic development efforts at the local and regional levels. Topics covered include labor force characteristics, demographics, measures of industrial concentration, sales tax collections, and housing data options.
The Hotel Industry: Recovery and Future Development in Our Communities
Hotels provide an important service to our communities and represent a significant economic engine for jobs, business income, and taxes. They often serve as a gateway to a community, influencing perceptions of the local community. During the pandemic, the hotel industry experienced significant challenges, including changes in travel behaviors, both in the US and in Wisconsin. In this webinar, we discuss the hotel industry during and after the pandemic with three industry experts, Michael Lindner, Bill Elliott, and Richard Sprecher.
