Thursday, July 19, 2012

The Walker Budget Keeps On Working! Part CXXVIII

Scott Walker's promise that we would be flooded in jobs right after he won the recall election appears to be as empty as all of his other promises judging my the latest job numbers:
In the June report, the government sector in Wisconsin lost an estimated 1,500 jobs, led mainly by cutbacks in the local city and county sector. Net losses in both the government sector and private sector led to an overall decrease of 13,200 total non-farm jobs last month in Wisconsin, according to the state report Thursday.

The unemployment rate, which is extrapolated from a separate monthly survey of households, rose to 7.0% in June from 6.8% in May, the report says.
If the numbers weren't so ugly, Walker's administration's response would be hilarious.

DWD Secretary Reggie Newsome started stomping about the number's accuracy, even though they love to use them when they are in their favor.

Walker's spokesman, Cullen "Mr. Immunity" Werwie put it this way:
"These numbers are not a surprise," said Walker spokesman Cullen Werwie. He noted that the national national job-creation numbers for June, released earlier this month, were weak. He said Walker's top priority remains job creation and improving the state's economy.
What Werwie didn't mention is the national numbers went up, not down like Wisconsin's.

But the massive drop shouldn't really surprise anyone. We knew it was coming when the state lost more than 4,600 jobs in just one week!

John Doe can't get here soon enough!

5 comments:

  1. What is going on with the federal investigation against him??? I keep waiting & we hear nothing..

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  2. Don't forget about the Biz Times report of a 47% jump in unemployment claims for WI.

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  3. Actually 14,500 people filed for unemployment insurance for the week ending July 7th, not 4,600. 4,600 was the increase in filings from the prior week.

    For the record, 17 states had initial claims that exceeded the number of initial claims of a year ago. The only states that had more new claims (compared to a year ago) than Wisconsin (with 1087 more new claims) are Iowa (+1830), Illinois (+1673), and Kentucky (+1581). Illinois, of course, has double the work force of Wisconsin, so its rate of new claims is much lower.

    I will say, however, that those are weekly numbers, and weekly claims are very, very volatile.

    From the weekly initial claims report:

    "The largest increases in initial claims for the week ending July 7 were in New York (+22,336), Michigan (+7,602), Ohio (+5,976), Pennsylvania (+4,775), and Wisconsin (+4,615), while the largest decreases were in California (-9,016), New Jersey (-5,282), Connecticut (-917), Massachusetts (-716), and Oklahoma (-671)."

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  4. Hey now.

    As long as Diane Hendricks and John Menard are happy, so am I.

    The King and the Queen of Wisconsin, their loyal lord Walker at the helm!

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