Friday, December 18, 2015

Walker's Wisconsin 37th in Private Sector Job Growth. June to June Slowest since Great Recession ended.

Ask a “Stand with Walker” supporter about how well the governor is doing, and you’ll get rave reviews. Sadly, the reason has less to do with Walker’s jobs and business success than it has to do with their satisfaction level of just being in power.

The latest bad news about job growth will again get the Walker treatment; distract supporters by talking about the low unemployment rate, which by itself, is another manipulated area of failure; Walker made it more difficult to get and/or stay on unemployment, and the exodus of labor leaving the state for higher wage jobs elsewhere.

And yet the consequences of simply keeping Republican politicians in power, no matter how bad it gets, continues to mount; slow job growth, increased utility rates, a eventual dramatic hike in tuition, declining wages, and local referendums to increase taxes for schools and road funding. 

Many of us knew we were in trouble when conservative voters we’re high-fiving Walker’s $1 cut in property taxes. Pathetic?

Wisconsin is slipping nationally again…but so what right:
WPR: The latest "gold standard" job numbers from the U.S. Bureau of Labor Statistics show that Wisconsin ranked 37th in the nation in private-sector job growth from June 2014 to June 2015.

Wisconsin also ranked eighth out of 10 Midwest states. Among states that share a border with Wisconsin, only Iowa added jobs at a slower rate.
And while Walker bashes Obama for the nations higher unemployed non-participation rate, it’s just another distraction: 
Overall, Wisconsin added 30,759 private-sector jobs, a growth rate of nearly 1.3 percent. By comparison, the national economy added jobs at a rate of 2.3 percent.

This June-to-June period was one of the slowest for Wisconsin since the Great Recession ended.
Here are the numbers from a June report:

During the four years of Walker's first term, Wisconsin ranked last among its peer states in the Midwest, a region that shares a common economy of factory cities and farm towns. Wisconsin's 35th job-creation ranking trailed Michigan (10th), Indiana (18th), Minnesota (23rd), Ohio (25th), Iowa (31st) and Illinois (33rd).
It should also be noted how big money from big business, especially during Walker's presidential fund raising, had the attention of Republican politicians, when they should have been focusing in on smaller business startups:
Research Finds Wisconsin Is Home To Fewest Startups In The Nation: Ask WMC Leader Jim Morgan why Wisconsin comes in dead last in the race to attract new entrepreneurs, and he'll tell you it all comes down to perception.
The Walker war on Milwaukee has had an especially negative impact on startup businesses, the real source of job creation:
Wisconsin looks like a lagging state in technology entrepreneurship, said Greg Meier, managing director of WERCBench Labs, an accelerator for Milwaukee-area tech start-ups. The issue is particularly acute in and around Milwaukee, which is in a "deficit situation" in terms of technology innovators, Meier said. "The rest of the world isn't waiting for us to catch up," Meier said.

Start-ups create more jobs than established entities, he said. "We reap the seeds we sow at the end of the day," Meier said, "but we sow very few seeds in terms of entrepreneurship."

1 comment:

  1. I think Walker knows his day of truth is coming. He has relocated his parents out of his Wauwatosa house and has been moving legal boxes out of his Wauwatosa home, in addition to the storage pod that has been sitting in his driveway for months. Walker is planning something or perhaps destruction of evidence now that the feds are onto him? I'm not sure, but SOMETHING significant is happening behind Walker's closed doors.

    ReplyDelete