tag:blogger.com,1999:blog-3426800777521979578.post104042461142074374..comments2024-02-20T19:58:27.733-06:00Comments on Jake's Wisconsin Funhouse: If Wisconsin's unemployment rate keeps dropping, why are jobs not growing much?Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3426800777521979578.post-75032654552442977672017-07-25T12:00:09.838-05:002017-07-25T12:00:09.838-05:00Same BS I referenced above. They're looking at...Same BS I referenced above. They're looking at employed/unemployed vs payroll jobs. <br /><br /> Of course, that "employment/labor force" figure doesn't jibe with Minnesota adding 2-3 times more people than Wisconsin in the same time period. <br /><br /> <a href="http://econbrowser.com/archives/2017/07/wisconsin-nonfarm-payroll-employment-continues-to-decline" rel="nofollow"> UW's Menzie Chinn has more on this, </a> and how Minnesota has dominated us over the last 6 years in the more accurate payrolls number.Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-32588243406140688872017-07-24T12:11:00.260-05:002017-07-24T12:11:00.260-05:00I'd love Jake's input on this recent artic...I'd love Jake's input on this recent article from a conservative group in MN: https://www.americanexperiment.org/2017/07/employment-data-upends-liberal-narrative-border-battle-minnesota-wisconsin/ <br />They have been having a hard time finding something to complain about economically, so this and their other articles are an attempt to complain about MN, but how accurate are they and what numbers are they really using? Any thoughts on the article Jake? <br />One thought I had on the lower unemployment figures in Wisconsin during the warmer months may be that more of the economy is based on hospitality type jobs like at the Dells, at all the lakes in the northern and eastern areas and along the rivers that are more temporary and pay less. Another figure that would be interesting to dig into in Wisconsin is the hourly wage growth/declind and how much it has been changing. In the past, many industries in WI seemed to pay higher per hour than MN. One challenge in both states is the price wars at grocery stores, the trade issues with Canada on dairy and how the farm economy effect in both state measures up. WI is much heavier in Diary, and has more small farms, where MN has much less diary and more large corporate farms and how those differences might affect the local private sector economy when food prices are low and sales are down. Jake Hhttps://www.blogger.com/profile/03609331924008419458noreply@blogger.com