Author Topic: Wisconsin Job Report  (Read 498 times)

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Offline George Foster

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Wisconsin Job Report
« on: August 27, 2011, 07:31:07 AM »
Governor Walker has promised to add 250,000 new private sector jobs. Wisconsin lost 12,000 private sector jobs in July.

He's also promised to reduce the size of government. The 12,000 private sector jobs lost were partially offset by the fact that Wisconsin added 4,000+ public sector jobs in July.
Good Shooting,
George

Offline carbineman

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Re: Wisconsin Job Report
« Reply #1 on: August 27, 2011, 11:58:06 AM »
George, What's your point? One month sampling only? How does this compare to the national average under our halfrican POTUS?
 
Bucking a lackluster hiring trend nationally, Wisconsin added an estimated 12,900 private-sector jobs from May to June - the largest single-month gain since September 2003.
Gov. Scott Walker touted the best job numbers since he took office in January by traveling to Milwaukee to deliver them in person, a departure from the state's custom of issuing the monthly jobs report in a news release.
Tempering the job-creation figures was an uptick in the state's unemployment rate to 7.6% in June, from 7.4% in May. The unemployment rate and job-creation numbers are derived from separate samples - the payroll figures come from a survey of employers, while the unemployment rate comes from a survey of households - and it has been common during the two-year recovery for the two numbers to move in opposite directions from time to time, reflecting the uncertainty in the economy.
Walker noted that job growth in Wisconsin effectively accounted for about half of the new jobs in the nation in June, an abysmal month for job creation.
The state had a net total of 9,500 new jobs in the month, because a decline in government employment offset some of the gains in the private sector. Nationally, Walker said, 18,000 new jobs were created last month - 57,000 gained in the private sector minus a drop of 39,000 in government payrolls.
"It's incredibly important to put that in perspective," Walker said. "To have 9,500 net new jobs in the state at a time when the country saw just 18,000 net new jobs all across the country is incredibly good news, and it's driven by the rebirth of tourism in the state."
Nearly half of Wisconsin's new private-sector jobs were in the tourism, hospitality and food services category.
Jobs in the tourism and hospitality businesses are often temporary positions with low pay and few or no benefits, said Brian Jacobsen, an economist at Wells Fargo Funds Management in Menomonee Falls.
But state Tourism Secretary Stephanie Klett pointed out that tourism is the state's third-biggest industry, behind only manufacturing and agriculture, and she noted that Walker has increased Wisconsin's tourism marketing budget.
 A tourist destination? Asked whether the new tourism jobs might be temporary, Walker said Wisconsin has a year-round tourism economy, with summer attractions that transition into autumn and winter sports.
"After several trying years for the economy, it looks like a good number of people hit the road for a vacation in Wisconsin," said Andy Feldman, director of Madison-based BadgerStat.org, a newly launched nonprofit statistical tracking organization.
Because relatively small sample sizes are extrapolated to come up with the statewide numbers each month, they are regarded as estimates.
They are also preliminary and prone to revision, as is common for all unemployment figures at the state or federal level.
Also, both the job-creation and unemployment figures are adjusted to filter out seasonal changes, such as weather-related fluctuations in the construction industry.
"You don't want to read too much into month-to-month changes," Feldman said.
 Walker touts policies Walker said that some of the positive news in June stems from the policies of his 6-month-old Republican administration.
But he added that the state's overall business climate or "enthusiasm" was also a factor.
"Job seekers and employers alike are reaping the economic benefits of the business-friendly environment that Gov. Walker is advancing, and we encourage job seekers to keep pursuing these new employment opportunities," said state Workforce Development Secretary Scott Baumbach, who appeared with Walker in Milwaukee along with Klett.
 171,000 state jobs lost All told in the 2008-'09 recession, Wisconsin lost nearly 171,000 jobs, and it has gained back 50,000 over the last year and a half, Feldman said.
"We're about 30% of the way back," he said.
The state's leading business lobby groups quickly released statements in support of Walker's economic policies.
"Business leaders here and nationally like what is happening in Wisconsin," said Kurt Bauer, president of the Madison-based Wisconsin Manufacturers & Commerce, the state's biggest business group.
"June employment figures released today show Wisconsin at the forefront of the nation's job creation," said a release from the Waukesha County Business Alliance.

Offline nomosendero

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Re: Wisconsin Job Report
« Reply #2 on: August 27, 2011, 12:28:48 PM »
George, What's your point? One month sampling only? How does this compare to the national average under our halfrican POTUS?
 
Bucking a lackluster hiring trend nationally, Wisconsin added an estimated 12,900 private-sector jobs from May to June - the largest single-month gain since September 2003.
Gov. Scott Walker touted the best job numbers since he took office in January by traveling to Milwaukee to deliver them in person, a departure from the state's custom of issuing the monthly jobs report in a news release.
Tempering the job-creation figures was an uptick in the state's unemployment rate to 7.6% in June, from 7.4% in May. The unemployment rate and job-creation numbers are derived from separate samples - the payroll figures come from a survey of employers, while the unemployment rate comes from a survey of households - and it has been common during the two-year recovery for the two numbers to move in opposite directions from time to time, reflecting the uncertainty in the economy.
Walker noted that job growth in Wisconsin effectively accounted for about half of the new jobs in the nation in June, an abysmal month for job creation.
The state had a net total of 9,500 new jobs in the month, because a decline in government employment offset some of the gains in the private sector. Nationally, Walker said, 18,000 new jobs were created last month - 57,000 gained in the private sector minus a drop of 39,000 in government payrolls.
"It's incredibly important to put that in perspective," Walker said. "To have 9,500 net new jobs in the state at a time when the country saw just 18,000 net new jobs all across the country is incredibly good news, and it's driven by the rebirth of tourism in the state."
Nearly half of Wisconsin's new private-sector jobs were in the tourism, hospitality and food services category.
Jobs in the tourism and hospitality businesses are often temporary positions with low pay and few or no benefits, said Brian Jacobsen, an economist at Wells Fargo Funds Management in Menomonee Falls.
But state Tourism Secretary Stephanie Klett pointed out that tourism is the state's third-biggest industry, behind only manufacturing and agriculture, and she noted that Walker has increased Wisconsin's tourism marketing budget.
 A tourist destination? Asked whether the new tourism jobs might be temporary, Walker said Wisconsin has a year-round tourism economy, with summer attractions that transition into autumn and winter sports.
"After several trying years for the economy, it looks like a good number of people hit the road for a vacation in Wisconsin," said Andy Feldman, director of Madison-based BadgerStat.org, a newly launched nonprofit statistical tracking organization.
Because relatively small sample sizes are extrapolated to come up with the statewide numbers each month, they are regarded as estimates.
They are also preliminary and prone to revision, as is common for all unemployment figures at the state or federal level.
Also, both the job-creation and unemployment figures are adjusted to filter out seasonal changes, such as weather-related fluctuations in the construction industry.
"You don't want to read too much into month-to-month changes," Feldman said.
 Walker touts policies Walker said that some of the positive news in June stems from the policies of his 6-month-old Republican administration.
But he added that the state's overall business climate or "enthusiasm" was also a factor.
"Job seekers and employers alike are reaping the economic benefits of the business-friendly environment that Gov. Walker is advancing, and we encourage job seekers to keep pursuing these new employment opportunities," said state Workforce Development Secretary Scott Baumbach, who appeared with Walker in Milwaukee along with Klett.
 171,000 state jobs lost All told in the 2008-'09 recession, Wisconsin lost nearly 171,000 jobs, and it has gained back 50,000 over the last year and a half, Feldman said.
"We're about 30% of the way back," he said.
The state's leading business lobby groups quickly released statements in support of Walker's economic policies.
"Business leaders here and nationally like what is happening in Wisconsin," said Kurt Bauer, president of the Madison-based Wisconsin Manufacturers & Commerce, the state's biggest business group.
"June employment figures released today show Wisconsin at the forefront of the nation's job creation," said a release from the Waukesha County Business Alliance.

Oooops!  ;D
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Offline billy_56081

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Re: Wisconsin Job Report
« Reply #3 on: August 27, 2011, 12:36:03 PM »
The liberal parasites have no qualms about lying to support their agenda, thank you carbineman for pointing out the lie being presented to us. Liberals, one thing they hate is the truth.
99% of all Lawyers give the other 1% a bad name. What I find hilarious about this is they are such an arrogant bunch, that they all think they are in the 1%.

Offline Cabin4

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Re: Wisconsin Job Report
« Reply #4 on: August 27, 2011, 12:38:15 PM »
Obama is at fault. His reckless federal spending is not only killing our economy its killing jobs all over the globe.
Avery Hayden Wallace
Obama Administration: A corrupt criminal enterprise of bold face liars.
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Offline George Foster

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Re: Wisconsin Job Report
« Reply #5 on: August 27, 2011, 02:02:02 PM »
 Fuzzy Math Won’t Put Wisconsin Back to Work  by State Senator Julie Lassa on Thursday, August 4, 2011 at 9:49am    By State Senator Julie Lassa
At the end of July, Governor Walker made a startling claim: of the 18,000 net new private sector jobs created in the nation in June, more than 9,000 of them were in Wisconsin. The state GOP bragged in a press release that "over 50 percent of U.S. job growth in June came" from Wisconsin.
It would have been an impressive figure – if it were true. But as many quickly pointed out, the federal Bureau of Labor Statistics uses different methods to estimate state and national employment figures, so the state totals don’t add up to the federal total. Other states such as Texas, California and even Minnesota added many more new private sector jobs than Wisconsin did in June. The governor soon had to back off his claim, but not before it had been repeated widely in the news media.
The hoopla over the fuzzy math did serve to cover over the real news: the unemployment rate in Wisconsin actually increased in June, from 7.4 to 7.6 percent. Many of the new jobs the state added were low-paying, seasonal jobs. Workers in other sectors continue to lose their jobs, and those seeking good full time jobs with benefits are still having a desperately hard time.
The rise in the unemployment rate wasn’t the only bad economic news. Wisconsin saw a steep drop in venture capital investing in the second quarter of this year – down to $43 million from $98 million a year ago, according to a report by Moneytree. This happened even while the nation as a whole saw the biggest increase in venture funding in three years. Venture funding is the lifeblood of economic growth and expansion – this news won’t help the private sector create jobs anytime soon.
Governor Walker came to office saying that "Wisconsin is open for business," and promising to create 250,000 new jobs during his first term. But given the lack of real follow-through on that promise, it’s not surprising that Wisconsin’s economy continues to be sluggish.
Many of the bills rushed through in the special "jobs session" had little to do with creating jobs. One provision actually changes the standards for evidence in court cases, making harder for district attorneys to prosecute criminal cases. Walker’s regulatory reform proposal allows the governor to block administrative rules from coming to the Legislature for approval, enabling lobbyists and special interests to influence or kill regulations without the public knowing anything about their involvement. Other proposals were little more than massive tax loopholes for big corporations with no assurance they will create any new jobs.
Governor Walker’s push to end workers’ rights threw the state into chaos and stifled progress on job creation efforts in the Legislature. His budget dealt crippling cuts to the state’s tech colleges and universities, widely known to be a key economic engine for Wisconsin. He abolished the Department of Commerce and transferred $161.8 million to the new Wisconsin Economic Development Corporation, which has still not produced an operational plan for how it intends to use that money.
Even when Republican leaders had the chance to make a real difference in job creation, they fell down on the job. Their bill to promote millions in new venture capital investments came apart when critics complained about provisions that would actually hurt Wisconsin businesses and give millions in tax breaks to out-of-state insurance companies.
I and my Democratic colleagues have introduced a package of bills that would promote new investment in Wisconsin businesses, build the state’s agricultural sector, encourage investment in rural areas, and foster new research and innovation. These proposals would also provide manufacturers with what they say they most need to expand – a highly skilled labor force – by helping the unemployed develop the skills Wisconsin industry needs. These bills have languished in committee for months, with no sign that Republican leaders will ever hold hearings on them.
It’s little surprise, then, that Wisconsin’s economy continues to struggle. If Governor Walker is serious about keeping his job creation promises, it’s time for him to change his focus from power grabs and special-interest giveaways to programs with a track record of success. Fuzzy math and misleading statements won’t put the people of Wisconsin back to work.
Sen. Lassa is the ranking member of the Senate Committee on Economic Development and Veterans Affairs.
Good Shooting,
George

Offline George Foster

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Re: Wisconsin Job Report
« Reply #6 on: August 27, 2011, 02:04:42 PM »
Wisconsin July jobs numbers by GeoffT  Share3 0 
permalink5 Comments
   Have just come out.  Employment is down 12,800, a single-month record; the unemployment rate is up to 7.8% from 7.6% in June.
Apparently it's the fault of the national slowdown and Washington-created uncertainty:

 
“Wisconsin is not immune to the national economic slowdown this summer, and we are seeing the effects of the national economy in our July numbers,” Secretary Baumbach said. “The wild market fluctuations during the debt ceiling negotiations, the European debt crisis and other factors contributed to a great deal of uncertainty, which may very well have affected Wisconsin’s job numbers given our state’s ties to the national economy.
Which doesn't exactly explain why the state unemployment rate is growing while the national one drew back 0.1% in July.
Naturally last month there was a different tune:

 
“Wisconsin has added 39,300 private-sector jobs since Governor Walker declared Wisconsin open for business,” Secretary Baumbach said. “Jobseekers and employers alike are reaping the economic benefits of the business-friendly environment that Governor Walker is advancing, and we encourage jobseekers to keep pursuing these new employment opportunities.”
Of course then the state employment had only dropped by 12,400 and unemployment increased by 0.2%, which led the Walker administration to read down the sector list until they found 12,900 net new private sector jobs (now revised to 14,800), gains which were nearly completely wiped out in July.  The only bright spot is local government, employment rising a percentage point there.
Wisconsin jobs are now under water since Scott "250,000 new jobs" Walker took office.
Good Shooting,
George

Offline Cabin4

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Re: Wisconsin Job Report
« Reply #7 on: August 27, 2011, 02:49:05 PM »
Fuzzy Math Won’t Put Wisconsin Back to Work 
Neither will Obama as is proven by his 3 year track record of job killing policies.
Avery Hayden Wallace
Obama Administration: A corrupt criminal enterprise of bold face liars.
The States formed the Union. The Union did not form the States. States Rights!
GET US OUT OF THE UN. NO ONE WORLD GOVERNMENT!
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CCRKBA/Gun Owners of America
California Rifle & Pistol Association
Ron Paul Was Right!
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