Surveys of state businesses show fewer layoffs, closures than anticipated. //end headline wrapper ?>Get a daily rundown of the top stories on Urban Milwaukee
Amber Krueger, a driver for Kona Ice, wears a mask as she serves frozen treats to customers Tuesday, July 21, 2020, in Janesville, Wis. Angela Major/WPR
One year ago, most Wisconsin business owners who responded to economic data surveys said they expected to lay off a significant share of their workers. And many said they didn’t know if their businesses would still exist in a year.
Today, the picture is starkly different. While some businesses did close, and unemployment initially spiked in 2020 before coming down significantly, the long-term impact appears to have been much less stark than many predicted during the early pandemic.
Wisconsin businesses start the job of looking forward By Nathan Phelps Green Bay PUBLISHED 10:20 AM ET Apr. 12, 2021 PUBLISHED 10:20 AM EDT Apr. 12, 2021
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ASHWAUBENON, Wis. Many of the chairs are full at Starz Barber & Beauty during a late weekday morning.
What You Need To Know
The pandemic caused a “generational” economic upheaval
Business are reporting a more optimistic outlook
A large question mark remains over how long it will take to repair the damage from 2020
It’s a sight owner Christopher Kimbrough doesn’t take for granted.
A year ago his Ashwuabenon business and his industry was shut down for almost three months in the early days of the pandemic.