Wisconsin seeks to attract young workers

Wisconsin businesses are facing a demographic challenge, with projections indicating in the next 25 years the state will add more than 800,000 residents — and 95 percent of them will be 65 or older. Jim Morgan, president of the Wisconsin Manufacturers and Commerce Foundation, briefed business leaders at a luncheon Thursday on the “Future Wisconsin […]

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Beloit drops to third among state cities in unemployment

Beloit’s unemployment rate bumped up slightly in May. Beloit had an unemployment rate of 6.8 percent in May, up from 6.5 percent in April, but down from 7.9 percent in May of 2014. Beloit had the third highest unemployment rate among Wisconsin’s largest cities in May. In April Beloit had the second highest jobless rate […]

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Caterpillar to lay off 50 more workers at East Peoria plant

PEORIA, Ill. (AP) — Caterpillar Inc. says it will lay off 50 more workers at its East Peoria plant in addition to the 120 layoffs announced last week. Company spokeswoman Lisa Miller says all 170 layoffs are effective June 29 and are the result of “weak market conditions.” She says Caterpillar plans to offer support […]

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Half a century What began as a hobby turned into a business

By Sophie Harris sharris@beloitdailynews.com “Did you know there was a skunk in this drawer?” That’s what a customer once asked J & S Pet Store owner Jim Long. Luckily, he did know the skunk was in the pet store — it was his animal, and it was for sale. Before long, someone took the skunk […]

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Jobless figures mixed for Illinois

By Daily News staff Unemployment rates were a mixed bag for northern Illinois communities in May. The unemployment rate in Winnebago County was 6 percent in May, up slightly from 5.9 percent in April, but down from 8 percent in May of 2014. Boone County reported an unemployment rate of 5.2 percent in May, down […]

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Unemployment up in most Wisconsin cities, counties

MADISON, Wis. (AP) — Unemployment rates increased in most Wisconsin counties and 31 of the state’s 32 largest cities in May. The state Department of Workforce Development reported the latest figures Wednesday. Unemployment rates increased in 41 out of 72 counties. Menominee County was the highest at 10.9 percent, while Dane County was lowest at […]

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May unemployment falls in every Illinois metro area

CHICAGO (AP) — The Illinois Department of Employment Security says unemployment rates dropped again during May in all 15 Illinois metro areas. Three of those areas have returned to pre-recession employment levels. The department said Thursday that jobless rates fell for the 15th straight month in every Illinois metro area. Department Director Jeff Mays noted […]

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‘Wild Wings’ biz taking off; restaurant opens Monday

Beloit native David Babcock has come home to open the new Buffalo Wild Wings on Milwaukee Road in Beloit. Babcock graduated from Beloit Memorial High School in 1988, then proceeded to work in several restaurants including Milwaukee Grill and Holiday Inn Express and Convention Center in Janesville. “I gravitated to (the restaurant business) because of […]

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GREENWOOD, Miss. (AP) — Milwaukee Tool has announced the expansion of its Greenwood operation with the creation of 126 new jobs, of which 105 have been filled. The announcement came Friday in Greenwood by company officials and Gov. Phil Bryant. The project represents a corporate investment of $16.8 million. It brings the total number people employed by the company in Greenwood to 508. The Brookfield, Wisconsin-based company now has a total of 891 workers in Greenwood, Jackson and Olive Branch. The state provided a $2.5 million for infrastructure improvements at the new facility plus $500,000 for renovations at its current site. The $2.5 million is renovation of the first 100,000 square feet of the new facility, leaving 100,000 square feet available for future expansions. The building was formerly occupied by Friction Holdings, a brake manufacturer.

PEORIA, Ill. (AP) — Caterpillar Inc. has announced a second round of layoffs this year affecting 120 more workers at its East Peoria plant. The company said Wednesday that the layoffs will take effect June 29 and the action was being taken “to bring production in line with demand.” A Caterpillar spokeswoman tells the (Peoria) […]

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Milwaukee Tool formally announces expansion in Greenwood

GREENWOOD, Miss. (AP) — Milwaukee Tool has announced the expansion of its Greenwood operation with the creation of 126 new jobs, of which 105 have been filled. The announcement came Friday in Greenwood by company officials and Gov. Phil Bryant. The project represents a corporate investment of $16.8 million. It brings the total number people […]

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