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Wisconsin IDEA
Insight • Data • Economics • Analysis
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Urban Nonemployer Businesses Lead Growth in WisconsinNonemployer Businesses Source of Income and Future Job Growth
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Since The Great Recession, businesses with no paid employees (i.e., nonemployer businesses) have led business growth in Wisconsin. This growth is most pronounced in urban communities, growing near 10% since 2010. Employer businesses—or businesses with paid employees—have grown much more modestly, even declining in rural Wisconsin. This rise in self-employment through nonemployer establishments is an entrepreneurial seedbed for the Wisconsin economy. These firms provide income for owners themselves and are potential sources of future job creation.
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Econ Quiz: Teenager Labor Participation
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National labor participation rates among teenagers, ages 16 to 19, have been declining over the past generations. At the start of tracking in January 1948, labor force participation among teenagers was consistently above 50%, reaching its height in the fall of 1978 when rates hovered between 58.1% and 58.4%.
Looking at the last decades, and excluding the pandemic, labor force participation among teenagers declined from 52.2% in February 2000 to 36.2% in February 2020, the last pre-pandemic month. As with many things, the COVID-19 pandemic temporarily accelerated the trend, with teenage labor participation rates bottoming out at 30.7% in April 2020, the lowest rate since tracking began in 1948.
Teenage labor participation rates appear to have recovered to their pre-pandemic levels, hitting a five-year high in April 2021. What percentage of teenagers age 16 to 19 were in the labor force at its five-year peak in 2021?
A. 66.5%
B. 47.4%
C. 37.4%
D. 39.9%
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Addressing Affordable Housing in Rural Communities, A Developer's Perspective: Hurdles, Opportunities, and Solutions
Tuesday, September 14, 12:00-1:00 pm
Join us as we discuss affordable housing in rural communities with real estate development professional and creative entrepreneur, Heidi Zimmer. With over 25 years of experience leading thoughtful development in the areas of affordable housing, community development, economic development, and urban and rural planning, Heidi has developed over $500 million in creative and arts-related development projects throughout the United States.
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Bringing Back Downtown Retail After COVID-19
Wednesday, October 6, 12:30-2:00 pm
Across the nation in downtowns large and small, leaders and stakeholders are beginning to ask questions such as:
- Where will retail be in downtowns like ours as we recover from this very stressful crisis?
- What are the best opportunities for regaining, and possibly increasing, the strength of our downtown’s retailing?
- What strategies, projects, and programs can help us achieve those potentials?
To address these critical questions, we are partnering with The American Downtown Revitalization Review (The ADRR) to host an online panel discussion with three nationally known experts.
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Entrepreneurship in Economic Development: What Practitioners Need to Know (Part 1)
In part one of a three-part series on entrepreneurship, Tessa Conroy, Assistant Professor and Community Economic Development Specialist, discusses the “why” of entrepreneurship in economic development.
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Entrepreneurship in Economic Development:
What Practitioners Need to Know (Part 2)
In part two of a three-part series on entrepreneurship, Tessa Conroy, Assistant Professor and Community Economic Development Specialist, discusses the “what” of entrepreneurship in economic development.
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4th Wave of Economic Development
Industry recruitment. Small business support. Public-private partnerships. These strategies characterize waves of economic development in the United States. Are we in the 4th wave of economic development? Steve Deller, Professor and Community Economic Development Specialist, discusses the 4th wave of economic development.
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First Cohort of Entrepreneurs In Training Graduate
Led by Milwaukee County Community Development Educator, Angie Allen, and Fond du Lac County Community Development Educator, Diana Hammer, the UW-Madison Extension Entrepreneur in Training (EIT) Partnership, in collaboration with Defy Ventures, saw its first cohort of EIT participants graduate from the program on July 21. Seven EITs successfully pitched their business idea to expert judges, receiving Certificates of Entrepreneurship from UW-Madison Extension Dean, Karl Martin.
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Chequamegon Bay Regional Housing Coalition
Since 2019, Kellie Pederson, Community Development Educator in Bayfield County has provided coordination and backbone organizational support for the Chequamegon Bay Regional Housing Coalition. The Coalition is made up of municipal, tribal, and county representatives working together to collectively assess and address regional housing issues. In 2020, the Coalition began a coordinated effort of data collection and analysis, in order to make more informed decisions on regional housing needs.
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(Kenosha News - 8/17/2021)
(Wisconsin Public Radio - 8/13/2021)
(Wisconsin Public Radio - 8/12/2021)
(Wisconsin Public Radio - 8/10/2021)
(Kenosha News - 8/7/2021)
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