Monday, November 28, 2022
Updated job numbers show Wisconsin still growing, but Milwaukee lagging, and more people needed
We got the latest report of the "gold standard" jobs report in America right before Thanksgiving, aka - the Quarterly Census of Employment and Wages (QCEW), and while it wasn't as strong as the nation's growth rate of 4.0% between June 2021 and June 2021, Wisconsin did gain nearly 46,000 jobs in that time period, for a gain of 1.6%. But it's worth noting that Wisconsin also didn't lose as many jobs as the rest of the US did as the COVID pandemic broke out in Spring 2020, and when you take into account the COVID losses and the following recovery, we've fared better than most of our Midwestern bretheren. initial QCEW release also gives information on the most-populated Wisconsin counties (the rest of the them will be released next week). And I noted that all 6 of those counties had lower job growth than the state's 1.6% overall growth. When we look at the urban counties over 3-year COVID era, you'll see that Dane County bounced back faster than the rest of the state before leveling off, but Milwaukee County has badly lagged behind, and vs the middle of 2019, still was down more than 6% at the end of June.
Posted by Jake formerly of the LP at 7:42:00 PM