WISCONSIN (WFRV) - Wisconsin's unemployment rate has dropped to 7.1%.
However, for the sixth straight month our state lost jobs, 5600 of them.
According to Lawrence University Professor of Economics Marty Finkler "You're coming out of a recession. Businesses are in a fairly decent position, on their balance sheets. They don't have too much debt".
However, economics professor Marty Finkler believes a lack of venture capital is slowing growth in Wisconsin.
"That is the funding needed to expand from a start up to an substantial enterprise" explains Finkler.
He says the potential recall of Governor Scott Walker is also contributing to uncertain conditions.
"Why commit long term to a set of policies that you don't know are going to stay in existence" says Finkler.
Professor Finkler also believes Wisconsin has a lack of skilled workers in growing trades. "To get the desirable kinds of employment we have to educate our people and keep them here".
Ying LaCourt, owner of "Helping Hands Caregivers", is doing just that.
"There have been many time when the economy was horrible and business were still able to flourish" says LaCourt.
Her business provides in-home help for the aging population and people with disabilities.
In 2009 it was just Ying and her husband.
"Now we have about 175 employees" says LaCourt.
The business is on track to create 600 jobs by the end of 2013.
Helping hands is just one success story from the urban hope entrepreneur hub program.
Graduates have opened and retained more than 800 businesses in northeast Wisconsin.
To connect with E-hub click here.