Gov. Walker insists he didn't know changes to UW mission statement were part of his budget proposal

WATERTOWN (WITI) -- Governor Scott Walker says proposed changes to the UW System's mission statement were simply "a drafting error." He is insisting he didn't know those changes were in his budget plan.

A "drafting error:" Governor Walker backs off removing "Wisconsin Idea" from UW System mission

MADISON (WITI/AP) — Governor Scott Walker has abruptly backed off his proposal to eliminate the University of Wisconsin System's public service mission statement.Walker tucked language into his budget proposal that would have replaced the statement, known as the "Wisconsin Idea," with the charge of meeting the state's workforce needs.

Walker on statewide tour after budget address, critics take aim at cuts to UW System, mission statement proposal

MADISON (WITI) -- Governor Scott Walker unveiled his $68 billion two-year budget proposal at the Capitol in Madison on Tuesday evening, February 3rd, and on Wednesday, reaction was pouring in.

Wisconsin unemployment rate unchanged at 5.2 percent

MADISON (AP) — Wisconsin's unemployment rate remained at 5.2 percent in December, unchanged from November.The Wisconsin Department of Workforce Development reported Thursday that the state added 7,600 private sector jobs from November to December.The unemployment rate is Wisconsin's lowest since the economic crash in September 2008.

Unemployment applications jump above 300K for first time in nearly three months

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months.The Labor Department says weekly applications rose 21,000 to a seasonally adjusted 313,000, the highest level since the first week of September.

U.S. employers added 142,000 jobs in August, fewest in eight months

WASHINGTON (AP) — U.S. employers added just 142,000 jobs in August, snapping a six-month streak of hiring above 200,000 and posting the smallest gain in eight months.The Labor Department says the unemployment rate fell to 6.1 percent from 6.2 percent.

Bad news for the economy: Wisconsin's unemployment rate is up for July

MADISON (AP) — Wisconsin's unemployment rate inched higher to 5.8 percent in July.The state Department of Workforce Development reported Thursday, August 14th that the rate increased slightly from 5.7 percent the month before.

Wisconsin unemployment rate drops in May, lowest since October 2008

MADISON (AP) — Wisconsin's unemployment rate dropped to 5.7 percent in May, down one-tenth from April and the lowest it's been since October 2008.The state Department of Workforce Development reported Thursday that Wisconsin lost 400 private sector jobs between April and May.The numbers are based on a survey of roughly 3.5 percent of the state's employers and subject to significant revisions.More reliable numbers are released quarterly by the U.S. Bureau of Labor Statistics, but they lag the monthly figures.

Wisconsin unemployment drops to 6.1 percent

MADISON (AP) — Unemployment in Wisconsin dropped in January to 6.1 percent.The state Department of Workforce Development released the latest figures Thursday.

National park tourism in Wis. creates $28.4 million economic benefit

WISCONSIN (WITI) -- A new National Park Service (NPS) report shows that 273,933 visitors to national parks in Wisconsin spent $28.4 million and supported 422 jobs in the state in 2012.“The national parks of Wisconsin attract visitors from across the country and around the world and provide premiere historical, cultural, natural, and recreational experiences,” said NPS Midwest Regional Director Michael T.

Sheriff Clarke says he is unwilling to accept proposed Co. budget

MILWAUKEE (WITI) -- Milwaukee County Sheriff David Clarke says he is unwilling to accept a proposed Milwaukee County budget -- saying the budget compromises safety.

Federal workers can collect unemployment during shutdown

NEW YORK (CNNMoney) -- Federal workers who lose pay during the government shutdown can fall back on unemployment benefits in most states.But the money comes with a catch.

Potential for pool closures upsets some Milw. Co. residents

MILWAUKEE (WITI) -- Milwaukee County Executive Chris Abele is set to unveil the County's 2014 budget on Thursday, September 26th, and some residents are already anticipating being hung out to dry.

Debt ceiling financial crunch to come no later than Oct. 17

NEW YORK (CNNMoney) -- Treasury to Congress: The heat's on to raise the country's debt ceiling.Treasury Secretary Jack Lew said Wednesday he now estimates he will have less cash on hand to pay the country's bills in mid-October than he previously thought.Instead of the $50 billion he estimated a few weeks ago, he now thinks the cash balance will be closer to $30 billion."This amount would be far short of net expenditures on certain days, which can be as high as $60 billion," Lew said in a letter to lawmakers. "If we have insufficient cash on hand, it would be impossible for the United States of America to meet all of its obligations for the first time in our history."He also said he now estimates the so-called extraordinary measures that the Treasury has been taking since the spring will be exhausted no later than Oct. 17.

Mayor Barrett unveils 2014 city budget before full Common Council

MILWAUKEE (WITI) -- Milwaukee is financially healthy, and Milwaukee Mayor Tom Barrett says that is a rarity when many similar-sized cities are facing serious financial troubles.

Five years later, Pres. Obama struggles with the economy

WASHINGTON (CNN) -- It's been five years since the banking and credit crisis rocked the U.S. economy, causing markets to plunge, unemployment to spike, housing values to crumble and placing more Americans in financial peril than at any time since the Great Depression.On Monday, President Barack Obama touted his administration's successes in helping to turn things around even though national economic growth remains sluggish and millions of people have given up looking for work.Obama said government's response "put a floor under the fall" and his policies set the stage for an end to economic contraction and created an environment for the economy to grow again.The president specifically pointed to the impact of the economic stimulus, creation of seven million jobs, the resurgence of the bailed out Detroit automakers, higher taxes on the wealthiest earners and an increase in exports."We've cleared away the rubble from the financial crisis and we've begun to lay a new foundation for economic growth and prosperity," Obama said.Although Obama paints a rosy scenario, there are still key questions on the economy.Larry Summers, a leading name to become the next chairman of the Federal Reserve, withdrew his name from consideration on Sunday, clearing the way for Janet Yellen, who serves as vice chairwoman at the Fed, to become the leading candidate.Also, the White House announced last week that top economic adviser, Gene Sperling, will step down as head of the National Economic Council and be replaced by Jeffrey Zients, the acting director of the Office of Management and Budget.There is also the looming showdown with Congress on funding the government, raising the ability of the nation to borrow money to pay its bills, and continuation of the drastic budget cuts that took effect earlier this year absent a deal in Washington to reduce the deficit.There is also the potential impact of the Affordable Care Act, the sweeping health care law backed by Obama that is taking effect this year and remains a political flashpoint with Republicans.It's the economy, stupidThat motto was made famous by political strategist James Carville during Bill Clinton's 1992 presidential campaign, and rang true for Obama's first presidential campaign as well.And the American public agrees.

First-time claims for unemployment benefits fall to 7-year low

NEW YORK (CNNMoney) -- First-time claims for unemployment benefits suddenly fell to the lowest level since early 2006, but don't break out the champagne just yet.About 292,000 people filed initial claims for unemployment benefits in the week ending September 7, the Labor Department reported Thursday morning.

Harley-Davidson's 110th makes sizable impact on economy in SE Wis.

MILWAUKEE (WITI) -- While the Harley-Davidson 110th anniversary celebration during Labor Day Weekend has been a lot of fun, it is also doing a lot of good for the local economy.The streets in and around Milwaukee have been filled with motorcycles since Thursday, August 29th, and that has been very good for business.

County Exec. Abele hosts budget hearing in Milwaukee

MILWAUKEE (WITI) -- Milwaukee County Executive Chris Abele answered some questions about his 2014 budget on Tuesday, August 13th.Abele held a budget hearing at the Martin Luther King Jr.