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Recent Trends in Closings and Layoffs in Wisconsin, 2000-2010

In this briefing we describe the current and recent historical trends in closings and layoffs in Wisconsin. Previous briefings showed poverty is not evenly distributed across the state. Moreover, poverty disproportionately affects Wisconsin’s racial minorities because minority populations tend to be located in economically vulnerable places. Layoffs and closings weaken the economic vitality of local areas. Repeated layoffs and closings increase the negative impact of such events on the local economy since the closing of one company decreases the stability of other companies in dependent sectors and lowers the attractive­ ness of the local area for future development.