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Wisconsin Jobs Climbing, Still Not Back Where They Were

This graph, pulled from the US Bureau of Labor for Wisconsin shows job growth. It doesn’t show that the total employees aren’t back to the level of February 2020.

The latest report for Wisconsin from the US Bureau of Labor Statistics shows that jobs are coming back but are still 126,300 (4.2%) short from where they were pre-pandemic (February 2020).

Jobs in leisure and hospitality have not rebounded in Wisconsin as has been seen nationally.

Here’s where jobs were created or lost

Wisconsin Job Gains and Losses by Industry

!

Accommodations & Food

2100

!

Manufacturing

700

"

Arts, Entertainment & Recreation

2900

"

Construction

1200

Durable (nonperishable) / Non-Durable Goods (perishable)

!

Durable

1500

"

Nondurable

800

Unemployment

3.9%

Labor-Force Participation Rate

66.3%

up from 66.1%

 

This graph shows which industries are still down. The same report shows which communities are up or down of the 12 metropolitan areas in Wisconsin from the prior months: 

    Down Less than 0.5%:

    • La Crosse
    • Appleton
    • Green Bay
    • Sheboygan

     

    Up are

    • Eau Claire (0.5%)
    • Janesville-Belloit (0.25%)
    • Madison (2.75%)
    • Milwaukee-Waukesha (1.6%)
    • Racine (0.70%)
    • Wausau (0.60%)

    Personal Income & Wages

    Comparing Quarter 1 of 2020 to Quarter 1 of 2022:

    • Personal income rose 17.5%, up 66% at an annual rate
    • Wages and Salaries increased 5.3% over the prior year
    • Personal Current Transfer Receipts (social security payments, unemployment benefits, federal stimulus payments, etc.) increased 84% over last year.
    • Unemployment benefits were 615% higher than the prior year
    • Federal stimulus payments increased 400%.

    Other Economic Indicators

    !

    Wisconsin Exports

    16.4%

    Consumer Prices

    The price of cars, especially used, cause the Consumer Price Index to rise significantly as the industry saw the index increase for used cars of 45.2% – the highest ever recorded.

    Energy prices increased 24.5%

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