Friday, August 21, 2015

Walker's Wisconsin template for U.S. - Worst in Nation Shrinking Middle Class; Bottom half of job creation!

I'm still having a hard time understanding how someone like Scott Walker can run for president on his deplorable record in Wisconsin. Wake me from this nightmare.

The two following points should be enough to end Walker's dream of world conquest:
Report: Wisconsin worst in nation on shrinking middle class: Wisconsin ranks worst among the 50 states in terms of a shrinking middle class, with real median household incomes here falling 14.7 percent since 2000, according to the Pew Charitable Trust report … the largest decline in the percentage of families considered "middle class," or those earning between 67 and 200 percent of their state’s median income.

In 2000, 54.6 percent of Wisconsin families fell into the middle class category but that has fallen to 48.9 percent in 2013 … All other states showed some decline but none as great as Wisconsin’s 5.7 percent figure … Also, the median household income in Wisconsin was $60,344 in 2000 but now stands at just $51,467 after adjusting for inflation. That’s a dip of 14.7 percent. Nationally, median household incomes declined by 7.2 percent.
Big time jobs problem for Walker policies:
Wisconsin again in bottom half of states in yearly job growth: Wisconsin had a statistically significant increase in private-sector jobs in July, but not enough to get out of the bottom half of states for job growth over the last year. Most of that growth was in service-providing fields.

Between July 2014 and July 2015, Wisconsin's private-sector job level grew by 40,300. That 1.66 percent growth ranked 29th in the country; it's the third straight month that Wisconsin has been in the bottom half of states in job growth over the previous year.

1 comment:

lufthase said...

There's something weird going on with the jobs numbers coming out of DWD lately, and it probably has something to do with people leaving the state.
The WSJ was correct that WI reported a net gain of +40,300 private sector jobs from July 2014 to July 2015. What they left out is that over that same period only +1,740 more Wisconsinites are employed. (The first number comes from surveying businesses; the second number comes from surveying households and UI filings and is what's used to calculate the unemployment rate.) Similarly, just looking at June-July 2015, WI added +8,200 private sector jobs, yet -7,600 fewer Wisconsinites are listed as Employed.
Either there's been a large influx of non-residents working in WI (and Construction isn't particularly strong), or one of these numbers is way off.