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Friday, July 5, 2013

Manufacturing Employment in June Fell by 6,000 Jobs, the fourth straight month. How will that affect Wisconsin?

I would like nothing more than to have our great blue collar manufacturing jobs back again, employing high school grads with no skills and training them on the job. I did that for years before I went into radio.

But that’s not looking too good right now.

For Scott Walker and the Republican legislature, who are spending and borrowing money based on a rosy economic forecast, reality may crash their party.
WonkBlog: You know that great jobs report today? There’s an ugly little trend hidden in it: America looks like its back to laying off factory workers.

The economy has gained jobs at a lukewarm-but-steady pace over the last year, a pace that heated up a bit with Friday’s news that 207,000 net private-sector jobs were created in June. But manufacturing employment fell by 6,000 jobs in June — the fourth straight month of job losses in the sector. For the calendar year, factory employment is basically flat, even as overall employment is up.

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