Change in jobs +9,300 Change in Leisure and Hospitality jobs +3,800 Household survey
Change in Labor Force +9,000
Change in Employment +7,100 Even with the added jobs, Wisconsin's unemployment rate rose from 3.8% to 3.9% because even more people joined the work force in April. Not really what the righties are selling, is it? Wisconsin is also continuing to see jobless claims decrease. It's a nice story that WMC and WisGOP are trying to spin about "lazy people on unemployment not wanting to take work", and maybe it works among unsuspecting, mediocre people. But any honest look at the data shows that it's a complete lie, as more people are working, more people are wanting to work, and fewer people are on unemployment. Someone's hiring these people and paying them. Maybe the rent-seeking businessMEN at WMC need to step up and compete vs whining and trying to make Wisconsinites more desperate. Here is UW-Madison's Menzie Chinn with some good added information from this jobs report.
Wisconsin employment in April - continued growth at 4% ann'd, but down 4.7% relative to peak. Accommodations/food growing over 12% ann'd but down 16.5% fm peak https://t.co/5N8hiMsUgp pic.twitter.com/1zBFuKIUzP
— Menzie Chinn (@menzie_chinn) May 22, 2021
No comments:
Post a Comment