June Job Loss in Wisconsin is Largest in Three Years
Wisconsin lost more than 13,000 jobs between May and June 2012, according to preliminary employment figures released today, and the state’s unemployment rate increased.
Wisconsin lost 11,700 private sector jobs between May and June, according to the figures from the Bureau of Labor Statistics, and another 1,500 government jobs, for a total job loss of 13,200. This represents the largest month-to-month job loss since June 2009, three years ago.
The state’s unemployment rate increased from 6.8 percent in May to 7.0 percent in June 2012.
Governor Walker has made the creation of 250,000 new private sector jobs in four years a major goal of his administration. Wisconsin now has 7,300 fewer private sector jobs than in December 2010, as shown in the chart below.
Some policymakers have argued that a different source of employment figures, called the Quarterly Census for Employment and Wages, gives a more complete picture of job growth in Wisconsin. Those figures show that Wisconsin gained about 20,000 jobs in 2011 and created jobs at half the pace of the national average.