Sunday, July 1, 2012

Scott Walker: Where are the jobs?

Here's what I saw on the Center on Wisconsin Strategy press release. Just how did Scott Walker sell the success of his austerity platform and get away with it? 
Whatever the Data, Wisconsin’s 2011 was a Bad Jobs Year: QCEW Shows Wisconsin 42nd in job growth, 43rd in wage trends .

The federal BLS released the QCEW for all states yesterday finally allowing for comparison of Wisconsin’s job trends to other states in this data. The data shows that in 2011, Wisconsin’s job performance was at the back of states. Wisconsin posted poor performance both in job creation, where we ranked 42nd, and in wage trends, where our performance was 44th in the nation. Wisconsin’s jobs and wage performance was worst of all states in the region.  From the QCEW data:

WI gained 19,551 jobs from the fourth quarter of 2010 to the fourth quarter of 2011. 

WI’s rate of job growth was slowest among all states in the Midwest. Only Missouri, Idaho, Maine, New Jersey, Delaware, Mississippi, Alabama, Rhode Island and New Mexico posted worse job trends.
 
WI’s rate of job growth was slowest among all states in the Midwest. Only Missouri, Idaho, Maine, New Jersey, Delaware, Mississippi, Alabama, Rhode Island and New Mexico posted worse job trends.
 
WI’s rate of job growth was slowest among all states in the Midwest. Only Missouri, Idaho, Maine, New Jersey, Delaware, Mississippi, Alabama, Rhode Island and New Mexico posted worse job trends. 
So really, this is the bottom line:
WI’s rate of job growth, 0.73 percent, was the 42nd slowest performance of all states and Washington DC

WI’s wage data also shows weakness, with average weekly wages down 2.4 percent from the fourth quarter of 2010 to the fourth quarter of 2011.

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