Report: Firms Fail to Create Many Promised Jobs
Telegraph - Herald (Dubuque) › July 04, 2007
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Summary
MILWAUKEE (AP) - A study of 25 companies that were awarded about $80 million in state subsidies over a six-year period shows about 40 percent of the jobs the firms agreed to create for the money do not yet exist, a newspaper says.
The Milwaukee Journal Sentinel said in a report published Sunday that the state spent nearly $17,000 per new job, 70 percent more than the state's own guideline for an acceptable subsidy.See the full content of this document
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Report: Firms Fail to Create Many Promised Jobs
The newspaper said that, when companies do report lower job totals, the state often adjusts its requi...
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