Saturday, November 5, 2011

Jobs revisions show Wisconsin even further behind under Walker

Yesterday's October jobs report was notable not necessarily for the relatively tepid 80,000 job increase, but instead for the huge revisions in August and September, indicating 102,000 more jobs than previously reported. You can imagine the difference in the headlines if there were no revisions but 182,000 jobs were added. It would have been a "major upside surprise" instead of "jobs growth stays slow, around expectations." Guess it's all in how you look at the data, eh?

But what those revisions also do is make Scott Walker's failure to create jobs in Wisconsin even more blatant than before. I mentioned this when Wisconsin's brutal September job report came out, but let's run those numbers again with the positive revisions for the U.S.

Change in total jobs June-Sept. 2011
U.S. +0.30%
Wis. -0.69%

Change in private-sector jobs June-Sept. 2011
U.S. +0.40%
Wis. -0.50%

Let's put the numbers another way to show how far below the national trend Wisconsin is performing under Walker's budget:

June-Sept. 2011 Wisconsin jobs

Total jobs created in Wis. if at U.S. rate- 8,300
Actual total jobs created in Wisconsin - -19,300
Wisconsin underpeformance under Walker - 27,600 jobs

Private jobs created in Wis. if at U.S. rate - 9,400
Actual private jobs performance in Wisconsin - -11,900
Wisconsin underperformance under Walker- 21,300 jobs

These figures show that Scott Walker's approved policies could be held responsible for the loss of more than 27,000 total jobs and 21,000 private sector jobs, because if Wisconsin was just some normal state following the national trend, we would have had job growth these last 3 months.

And while the Brewer stimulus may reflect in the October numbers, this will still be well below the national trends for the last few months. And no matter what scummy dirty tricks Waukesha-County Republicans try to pull these massive failures and resulting budget deficit that'll result are the final nails in this corrupt administration's recall coffin.

See you downtown for football Saturday and Chase Bank protesting fun!

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