Wisconsin Still Faces Economic Woes
Written By: Pax Americana Institute | Posted: Friday, March 18th, 2011
The Wisconsin Department of Workforce Development released a report indicating that unemployment in Wisconsin decreased from 7.8 percent in October to 7.6 percent in November. Secretary of Workforce Development Robert Gassman noted that in November 2010 Wisconsin's unemployment rate dropped to its lowest level since January 2009. However, with thousands of Wisconsinites out of work, the state budget deficit at an all time high of $3.3 billion and expectations for it to skyrocket to $5.4 billion in 2011[3], the Wisconsin economy remains in a precarious position.
Secretary Gassman, Governor Doyle and liberal Democrats in the state legislature contend that the .2 percent decline in the state's unemployment rate indicates that Wisconsin is on the verge of economic recovery. Gass ner, Doyle and liberals in the state legislature fail to mention, however, that Wisconsin lost 5,200 nonfarm jobs in the month of November and remains 150,000 jobs shy of its pre-recession (2006) totals. Of the 5,200 jobs lost in the month of November, 4,800 were in the private-sector, and 400 were government jobs.
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