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Wisconsin State Journal from Madison, Wisconsin • 21

Location:
Madison, Wisconsin
Issue Date:
Page:
21
Extracted Article Text (OCR)

Wisconsin State Journal Tuesday, August 5, 1986, Section 3, Page 4 Join in Want Ads IVIid State 2nd in jobs gain in ucky pays otffl Percentage change in non-farm payroll jobs State May 79 May 83 to May 86 to May 86 Minnesota 8 11 Wisconsin 3 8 Indiana 0 12 Ohio 0 11 Illinois -2 6 Michigan -3 12 Iowa -5 4 All those Bucky Badger T-shirts are paying off. Along with caps, pens, calendars, coffee mugs and everything else that will carry a promotional announcement, the T-shirts advertising UW-Madison helped Wisconsin climb to No. 7 among states in sales of specialty advertising products in 1985. That's the conclusion of a report from the Specialty Advertising Association International The association, based in Irving, Texas, each year conducts a survey to determine the sales of specialty advertising products those items that promote a state, a university, a business, a sports team, a way of life or whatever. The 1985 report shows $177 million worth of specialty advertising products were sold in Wisconsin, moving the state up from No.

9 in 1984. No. 1 on the list was no surprise California, with $336 million in sales. Minnesota ranked second with $256 million, and Ohio ranked third with $225 million. Two other Midwest states ranked among the top 10.

Iowa, boosted by a Rose Bowl football team, ranked sixth with $205 million. Illinois ranked ninth with $134 million. By Chuck Martin Economics reporter Wisconsin ranks second among seven Midwest states in number of jobs gained during the past six years, according to a comparison of states' non-farm payroll employment data. The comparison shows Wisconsin had 3 percent more jobs in May than it did in May 1979. Minnesota led the region with a gain of 8 percent No other state in the region showed a significant gain in jobs.

The total gain nationwide during the same period was 11 percent Wisconsin's chief economist in charge of employment data said the comparison shows Wisconsin's economic performance has been strong for a troubled Midwest "You can tell different stories depending on the years you pick for comparison," said August Cibarich, analyst with the Department of Industry, Labor and Human Relations. "But we don't rank that badly when compared against our neighbors." ance in the 1980s has been questioned by critics who say the state has lost the "Star of the Snow Belt" title it earned when the Wall Street Journal conferred the title in 1977 based on Wisconsin's economic performance. Critics often cite high taxes and a failure to cooperate with private industry as restraints on the state's economic growth in the '80s. The criticism has become a part of this year's political campaigns. Two small-business organizations the Independent Business Association of Wisconsin and the Council of Small Business Executives last week introduced a 16-minute film calling for lower taxes.

The film decried the state's economic performance in recent years. Harold Bergan, Gov. Anthony Earl's policy advisor, said the film is unfairly critical. The state "is doing fairly well," he said. The Midwest states' comparison from 1979 to 1986 shows performance from a peak just before a recession to a recovery following recessioa The People in business 1 I Jobs gained? Jobs lost? Who's right? 7- Laurie Carlson Cathi Jessup Cheri Carry! By Doug Mell State government reporter Jobs, jobs, jobs.

Employment has become a key in the race for the state's top job and there is disagreement over the facts. Republicans, who want to unseat Democratic Gov. Anthony Earl, say Earl has fostered a high rate of spending, which has driven business and jobs out of the state. Earl responds that his administration has brought down unemployment and put the state on the road back to economic health. In Sunday's Wisconsin State Journal, Republican gubernatorial candidate Tommy Thompson said, "well Cheri Carryl has been named property supervisor for National Realty Management, 101 Alhambra Place.

Ms. Carryl was in the property management division of Munz Corp-, 121 E. ilson. In other changes at National Realty, CatW Jessup has been promoted to manager of Holiday Gardens Apartments from a position as office manager. Laurie Carlson has been named managing director of the Madison Athletic Club, 29 S.

Pinckney St. Ms. Carlson was assistant athletic director of the International Athletic Club, Dallas. Martin Derda has been elected to the board of directors of the Central Michigan University Alumni Association. Derda is training director for Wisconsin Special Olympics, 2059 Atwood Ave.

Business notes TV 58 problems Three executives of the Carley Capital Group of Madison have withdrawn from negotiations to become partners in TV 58 a financially troubled company that plans a low-power television station in Milwaukee. Dick Wegner, president of Carley Management Co. of Madison, and James and David Carley, co-owners of the Carley Capital Group, were considering becoming partners in TV 58. Now, TV 58 has turned to Weigel Broadcasting Corp. of Chicago for help, according to testimony in U.S.

Bankruptcy Court in Milwaukee. Weigel Broadcasting and TV 58 have reached a preliminary agreement, according to the testimony. National TASTE OF THE TOWN As of June, there were 2,012,200 seasonally adjusted non-farm wage and salary jobs, compared with 1,833,700 in January 1983, Cibarich said. That's a gain of 178,500 jobs during Earl's first term. Total state employment was estimated at 2,214,800 at the end of June, compared with 2,142,700 In January 1983, Cibarich said.

The non-farm figure "is a more quality number," Cibarich said. "It's a more reliable number." Manufacturing employment was 519,100 in June, compared with 470,400 in January 1983, he said. Construction employment was 63,300 in June, compared with 55,000 in January 1983. In December 1979, total state employment was 2,241,700, Cibarich said. Entertainment tool OUTDOOR BBQ WEDNESDAY ONLY Chicken Country Style Ribs All You Can Eat.

$4.95 Smd BuM 8ty Including many wxk Hwy 51, McFarland 255-9206 rOr Brick Iniin TUESDAY BBQ Pork Ribs 6.95 Prime Rib by the Inch 3 cuts from 6.95 includes salad bar 2916 Atwood Ave. 244-0128 Tuesday Buffet Shrimp, Roasted Tenderloin, Chicken and Baked Ham, includes our Deluxe 40 item Salad Bar. Starting at 4:30 p.nf IdfldlUMQ M8-992? rJ(ahhMee rtjw'j) wst recession between from 1980 to 1983 was the deepest in the Mid-" west since the Great Depression of: the 1930s. As a result, Midwest econo- mies' performances for 1979-86 lag the national average. According to the comparison, Wis- consin's No.

2 regional performance'1 is based chiefly on the state's record; during the recession. From 1979 through 1983 the state withstood the recession better than many of its: neighbors. The reason, said Cibarich, is that recession struck deepest in states most dependent upon steel, auto and farm equipment industries. Wiscon-; sin's economy was supported by paper, food processing and other in- dustries that suffered less. Because the state's fall during re-' cession was shorter than the Midwest 1 average, it has had a shorter distance to climb since 1983.

During the past-three years, with Earl in office, the." state's economic performance ranks fourth in the region. That's the highest employment levef ever in Wisconsin, he said. A Thompson spokeswoman said he used the final report of the Wisconsin Strategic Development Commission, as the basis for his assertion that more than 100,000 jobs have been lost That report, issued Aug. 1, 1985, 1 says Wisconsin lost 134,000 jobs from the beginning of 1980 to the end 1982. But Earl didn't take office until month later.

Robert Bartlett, Earl's campaign! manager, said Earl's contention that more people are working now than I ever before in the state's history was based on total non-farm employment -in March, which was 2,013,500 people. I That employment level slipped a little in June, Bartlett said. Tuesday Special BBQ Beef Ribs. Indudes aoup or salad, chotca of potato bread 1344 Washington Ave. 251-6989, BREAKFAST SPECIAL! 2 eggs, 2 pancakes 95 bacon or sausages Sat.

8 to 1 1 LeBistro Cafe 5618Qdana Road 271-2000 Colonial!) nn BUDGET SPECIALS Prime Rib ....7.95 Steamed Shrimp Stuffed Pork Happy Hour 4-6pm, Mon-Thurs. 5801 Monona Drive 222-1464 Embcrger 5 Hoytd Combo Regularly $4.10 now A lot of a little price. fjianprnnc ft rt our lean chopped beef the finest chopped beef steak you'll ever enjoy. It's char-broiled, then covered with melted cheese and crispy bacon. Add a fresh green salad and golden fries, and you have the best burger meal you'll find anywhere! Good lor as many as are in your party but coupon must accompany your request.

(Not good with any other coupon or special otter. Offer Expires 92286 Madison 3100 East Washington $i99 Steak Diane rfa Prepared 1 f. 95 I tablesldefor2 J.O (f I White Horse Inn ij Comer of Henry Dayton IB 1 255-9933 Associated Press The comparison covered all non-farm payroll jobs in each state jobs paid by wage or salary except those in farming and self-employment About 90 percent of Wisconsin's 2.2 million jobs are non-farm. A healthy gain in non-farm payroll employment indicates a healthy economy in which workers are able to find jobs and move to higher paying jobs with a minimum of difficulty. Wisconsin's economic perform over 100,000 jobs have been lost in Wisconsin" because of Earl's "tax-tax, spend-spend policies." Earl countered that "In four years, more than 160,000 new jobs have been created" and "more people hold jobs than at any time in the state's history." So who is right? Apparently neither, according to a state expert, although Earl is closer to the truth.

August Cibarich, the state's economist in charge of employment data, couldn't find any numbers to back Thompson's assertion that there are 100,000 fewer jobs in Wisconsin than in January 1983, when Earl was sworn in. The peak month for the state's total employment came in December 1979, long before Earl took office. revenue Bar- TUESDAY NEW Lake Perch 6M Prime Rib 7" Jumbo Shrimp 77 Raservatiora Suggested 112B East Washington 257-9877 Marina gas NOW SERVING COCKTAILS Dinner Specials Sirloin $6 Steamed Shrimp $6 Summer 'n Salads 320 N. Midvale Blvd. 77 kcuuc lux' Reservations 233-7600 DUTCH MILL INN 4713 Dudi Ma Rd 2225634 Party FadattaWabie T-BONE NIGHT T-BONE 7.50 Stuffed Pork (2) 6.95 Beef BBQ Ribs, you can Broiled Walleye Pike -at'TheHill- Barbequed Ribs Broiled Walleye Meatloaf with Potatoes and Gravy 4.50 jf Tom Holler's SUPPERCLUB coupon ca ej 0 45 House of Pancakes Restaurant 6917 Odana Road 4614 E.

Washington Ave. 505 university Ave. Offer good anytime but not good In conjunction with any other discount. Coupon good for entire parry. Offer expires Aug.

10, 1 986. "All You Can Eat" Beer Batter Fish for 13.99. Every Frl. 4 to 10 pm, 1 Come to the Homestead lor relaxed dining. Daily specials 11AM-8PM Style show every Wed.

by "The Closet" Reservations Requested LHwy. JG North. Mt. Horeb 437-5439 Sfatfun 'rtyoute Tuesday Specials Deep Fried Chicken $550 BBQ Ribs $725 Ribs Kraut $725 6625 Century Avenue Miririlfitnn Wl 831-583S i Sun. 11-9-Tues.

Thurs. 5-9 SPAGHETTI Meatballs Huge single or "All you can OKTOBERFEST CHICKEN Huge single or "All you can Regular or Barbecue 1617 N. Stoughton Rfl 1421 Kegent Mreel 6634 Mineral ft. Rd. Read the want ads for profit I 833-3680 I SEE OUR "COUPON" GOALPOST SUPPER CLUB "Championship Dining" I II, I II III! I II .1 1 1 mjn i I ij i i I i an ht nm viawaaili Mi I STEAKS SEAFOOD I ITALIAN DINNERS 2611 BRANCH ST.

RESERVATIONS I MIDDLETON OPEN 4 PM 836-7781 1 NOT valid FniDQQjlpQjgB EXPIRES 81 786J T-bill interest down Interest rates on short-term Treasury securities fell in Monday's auction to the lowest levels since 1977. The Treasury Department sold $7.7 billion in three-month bills at an average discount rate of 5.70 percent, down from 5.86 percent last week. Another $7.6 billion was sold in six-month bills at an average discount rate of 5.73 percent, down from 5.89 percent last week. The rates for three-month bills were the lowest since Sept. 2, 1977, when they averaged 5.55 percent.

Rates for six-month bills were the lowest since they sold for 5.68 percent on Aug. 8, 1977. The new discount rates understate the actual return to investors 5.86 percent for three-month bills and 5.98 percent for six-month bills. In a separate report, the Federal Reserve said Monday that the average yield for one-year Treasury bills, one of the most popular indexes for setting adjustable rate mortgages, was 6.27 percent last week, up slightly from 6.25 percent the previous week. Consumer confidence dips Growing uneasiness over the state of the U.S.

economy was reflected by a slight decline in consumer confidence last month, a business research group said Monday. In a news release, the New York-based Conference Board said its monthly consumer confidence index dropped slightly in July from the previous month. The index, which has a 1985 base of 100 points, fell to 95.4 in July from 97.3 percent in June. "Latest findings suggest that the U.S. economy is likely to remain sluggish through the rest of this year," said Fabian Linden, executive director of the group's consumer research center.

"While the readings are not signaling a decline in the economy, they are also clearly not pointing to a major economic advance ahead." The survey of 5,000 households was conducted for the Conference Board by National Family Opinion of Toledo, Ohio. About 26 percent of those surveyed labeled current business conditions as good, compared with about 28 percent in June. Also, about one out of three households surveyed indicated jobs were difficult to get, while one out of five stated that jobs were plentiful. The number of respondents planning to make major purchases also declined slightly, but remained above the level of a year ago, the Conference Board said. workers approve pact Members of the Communications Workers of America ratified a new contract with American Telephone Telegraph Co.

by a 3-1 margin, the union said Monday. All unit local barganing agreements were also ratified, although some by a slimmer margin, the union said. The new three-year agreements, covering 155,000 workers, were reached on June 26, ending a nationwide strike that had started June 1. MCI rate challenge rejected MCI's attempt to block lower long-distance rates for big business customers of its competitor, U.S. Sprint, was rejected Monday by the Federal Communications Commission.

The rates allow a 5-percent discount for customers who sign up by Aug. 15 and spend more than $125,000 a month with Sprint for long-distance calls over the next three years. They were effective last Friday. The commission also rejected MCI's complaint about a 10-percent discount for customers who have or sign up for various Sprint WATS services prior to Oct. 1.

I i Wisconsin Bell Gold Pages ooupon EMBERGER COMBO Regularly $2.95 Now, A lot of meal. little price. Generous 4-oz. lean chopped beef. It's charbroiled.

Add a fresh green salad and golden fries, and you have the best burger meal you'll find anywhere! Good for as many as are in your party but coupon must accompany your request. Not good with any other coupon or special order. Offer Expires 92286 Madison 3100 Eait Washington 8 i mt i e3.

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