Wednesday's job news (Journal Sentinel report):
- "According to data from the U.S. Bureau of Labor Statistics, Wisconsin gained 28,351 private sector jobs in the 12 months from September 2012 through September 2013--a l.2% increase that ranked the state 35th among the 50 states in the pace of job creation during that period. "
35th in the nation
- "Economists consider Wednesday's job creation figures, known as the Quarterly Census of Employment and Wages, to be the most credible and accurate available."
- "The Quarterly Census is widely followed because of its accuracy. Because the quarterly data are comprehensive and time-consuming to compile, they are released with a half-year time lag."
- "In Wednesday's report, Wisconsin continued to trail the national rate of job creation, as it has since June 2011."
- "Walker's administration last week announced that the state added 106,100 private-sector jobs in the first three years of the governor's term. "
When running for governor four years ago, Walker vowed the state would add 250,000 private -sector jobs by the end of his four-year term. Given the pace of job creation since he took office, it's unlikely he'll be keeping that promise.
For more, see March 19 Journal Sentinel report.
Jake's Economic TA Funhouse blog sums it up this way:
"Despite the happy talk from yet another lame and misleading DWD press release (still doing the "23rd in total number of jobs increased" thing when we're 20th in population? REALLY?), the 3rd quarter QCEW did not have much good news for the state of Wisconsin. We're still in the bottom third for private sector job growth, we continue to trail most of our Midwestern neighbors, and the overall result of Walker/WisGOP job creation policies leaves the state well below where it should be."