FOR IMMEDIATE RELEASE
Tuesday, December 5, 2017
CONTACT: DWD Communications, 608-266-2722
On the Web: http://dwd.wisconsin.gov/dwd/news.htm
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BLS Data: Wisconsin Adds 32,141 Private-Sector Jobs During 12-Month Period Ending in June 2017
Wisconsin also ranked 12th in number of manufacturing jobs added
MADISON – Department of Workforce Development (DWD) Secretary Ray Allen released the following statement on today’s release of Quarterly Census of Employment and Wage (QCEW) data by the federal Bureau of Labor Statistics (BLS) showing Wisconsin added 32,141 private-sector jobs and ranked 12thnationally in the number of manufacturing jobs added year-over-year:
“Today’s numbers again show Wisconsin is consistently adding thousands of jobs every year under Governor Walker’s leadership,” Secretary Allen said. “Additionally, our vital manufacturing and construction sectors continue to show year-over-year gains, providing family-supporting employment opportunities across the state. Wisconsin is continuing its strong run of success.”
Highlights of today’s BLS data include:
- Wisconsin added 5,577 construction jobs during the 12-month period ending June 30, 2017.
- Wisconsin added 32,141 private-sector jobs year-over-year, with a rate outpacing the neighboring states of Illinois and Iowa.
- Private-sector wages by covered employers grew by over $1 billion through the second quarter of 2017 compared to the same quarter in 2016.
Other indicators of the state of Wisconsin’s economy include:
- Initial UI claims ended 2016 at their lowest level in their last 30 years. Year 2017 initial UI claims are running at the lowest in at least the past 30 years.
- Continuing unemployment claims ended 2016 at their lowest level since 1973. Continuing unemployment claims in Wisconsin are running at the lowest in at least the past 30 years.
- Additionally, 2017 YTD totals for both initial and continuing claims through week 44 are both below 2016 YTD totals for the same time period.
- Moody’s Investors Service has upgraded the states credit rating, noting that “(T)he stable outlook reflects the expectation that the state will experience moderate economic growth and will continue its prudent fiscal management practices.”
To view today’s BLS release.