Madison, Wis (Civic Media) – Amidst economic shifts and business closures, Wisconsin has seen a significant impact on its workforce this year, with 2,900 workers laid off so far in 2024. The numbers are according to the Department of Workforce Development. Federal and state laws mandate that businesses provide advance written notice to the State’s Department of Workforce Development (DWD) in certain circumstances of changes. The laws aim to facilitate pre-layoff transition assistance for affected workers and businesses. Closures are posted in the Layoff Notice page of the D.W.D website.
The biggest chunk of job losses comes from the closure of a Chippewa Falls hospital system, however the losses are wide-spread. Last week, the shutdown of Oak Creek’s Sierra Electrotek Corporation operation was announced. They are a technology business specializing in circuit board manufacturing. The closure decision, initiated by Sierra Circuits, will result in the layoff of 37 workers. ODW Logistics‘ Waukesha facility closure is set to impact 107 employees due to the loss of a significant client. The closure process in Waukesha will begin on April 14 and is expected to be finalized by the end of July, affecting both salaried and hourly workers.
In the case of the hospital closure in Western Wisconsin, Governor Tony Evers has approved a bill securing $15 million in crisis response resources for impacted hospitals and clinics. The funding aims to address the challenges caused by hospital shutdowns. The unemployment rate in Wisconsin, with the latest data from December, has remained steady at 3.4% since September. Inflation rose 3.1% percent in January 2024, compared to last year.
More Articles
Civic Media’s “Truth Booth” to Capture the Voices of Wausau at the Fair
7/26/2024 | Teri Barr
Local residents can share their stories about life in the Wausau area and record them for posterity during the Wisconsin Valley Fair.
Eight Area School Districts Receive $206K for Technical Education Upgrades
7/26/2024 | Stuart J. Wattles
The funding aims to prepare approximately 2,000 students for quality jobs
Eau Claire Officials Respond to Removal of Wilson Park Benches
7/26/2024 | James Kelly
Eau Claire City Council members are asking questions this week after all of the benches and picnic tables were removed from Wilson Park.
Aviation enthusiasts flock to EAA AirVenture
7/26/2024 | Lisa M. Hale
People from all over the globe are a part of the largest fly-in in the world, EAA AirVenture 2024.
8th Congressional District Republican candidates debate
7/26/2024 | Lisa M. Hale
-The Republican candidates in the 8th Congressional District race participated in a debate sponsored by the Wisconsin Manufacturer’s & Commerce (WMC). The WMC is the combined state chamber and manufacturer’s association.