There's good news and there's bad news.
First, the bad news...
From Dan O'Donnell, 620 WTMJ:
Harley-Davidson, Inc. will close its facility in Wauwatosa by Sept. 25, according to a filing with the Wisconsin Department of Workforce Development. An estimated 50 employees will be laid off, and TODAY'S TMJ 4 has learned that some of those layoffs could be permanent.
Harley said earlier this year that it expected to cut about 600 jobs in Wisconsin, many of them from the Wauwatosa facility and distribution center in Franklin.
The Wauwatosa facility will be shut down for the entire fourth quarter of this fiscal year and could remain closed even longer.
Don't let that bring you down. There's good news! The recession is over!
Worst recession since 1930s appears to be over
A new government survey finds the vast majority of the country reporting economic activity is stabilizing or improving, as the worst recession since the 1930s appears to be over.
The Federal Reserve's snapshot of economic conditions backs predictions by Fed Chairman Ben Bernanke and most other analysts that the economy has started to grow again in the current quarter.
Millions of Americans aren't celebrating.
Jobless plight growing longer
Most economists expect the national unemployment rate, now 9.7 percent, to top 10 percent before peaking next year.
Yeah, but the recession is over!
Celebrate!
1 comment:
Glad to hear the sincere enthusiasm that the recession is over. I believe you are absolutely correct in your agreement with the President. Thank you for your honset support.
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