Dave Reid

Prof. Levine Presents Bleak Job Market

By - Feb 21st, 2008 07:53 am
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Professor Marc Levine presented a a communication from the University of Wisconsin-Milwaukee Center for Economic Development regarding employment trends in the country’s cities.

Professor Levine presented a fairly bleak view of Milwaukee’s job market and although he thought some of the efforts by the City of Milwaukee were positive he said they were “micro fixes because they’re not market changing”. He went on to say that “we need a bolder market changing strategy” if we hope to improve the job market here in the City of Milwaukee. Much like when he present his report regarding the jobless rate in the inner city he again pointed to a mass transit system, such as Denver’s $4.7 Billion 120 mile regional transit system, as a possible solution to jump start job growth and encourage business development in the future.

Resolution 071451 proposed increasing the Emerging Business Enterprise (EBE) requirements from 18 percent to 25 percent for City of Milwaukee funded construction projects. The goal of EBE requirements is to help small business within the City of Milwaukee access opportunities they might not otherwise be afforded. In the past the City of Milwaukee has averaged 22.9 percent participation for construction projects so this new target represents a higher goal of achievement but one that is obtainable. Alderman Ashanti Hamilton made the motion to hold the resolution for one cycle to get “all the pieces” in the resolution that the committee felt were needed.

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