Wednesday, June 23, 2010

Data Released by Wisconsin Department of Workforce Development Shows Four County Area Lost 800 Jobs in May

In a bleak data report released earlier today by the Wisconsin Department of Workforce Development, it was revealed that a four-county region that includes Milwaukee and Waukesha Counties lost 800 jobs last month on a seasonally adjusted basis. From the Milwaukee Journal Sentinel article on the data report:

Of the state's 12 metropolitan areas tracked by the agency, only one other lost jobs after adjustments to smooth out seasonal fluctuations such as the start of school vacations and warm weather: Appleton lost 100 jobs under the agency's data.

The release of the data comes a week after the agency's unemployment report for the full state, which showed that Wisconsin lost 7,900 private-sector jobs on a seasonally adjusted basis and only managed to offset the declines with a surge of new hires by federal, state and local government agencies.

On Wednesday, the non-profit Center on Wisconsin Strategy included a somber outlook as it released its monthly analysis of the state's labor trends:

"The stagnation in job growth between April and May 2010 interrupts the year's upward trend, but the longer-term economic picture is more worrisome still. Wisconsin has lost 153,000 jobs since the recession's start in December 2007, and the state's job base is still 5.3 percent below its prerecession level," the Center wrote.

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