Scott Walker, Governor
Reginald J. Newson, Secretary
Department of Workforce Development
201 E. Washington Avenue
P.O. Box 7946
Madison, WI 53707-7946
Telephone: (608) 266-3131
Fax: (608) 266-1784
FOR IMMEDIATE RELEASE
Thursday, December 18, 2014
CONTACT: DWD Communications, 608-266-2722
On the Web: http://dwd.wisconsin.gov/dwd/news.htm
On Facebook: http://www.facebook.com/WIWorkforce
On Twitter: @WIWorkforce
Federal Jobs Data: WI is 11th Highest in Number of Manufacturing Jobs Added, 22nd Highest in Private-Sector Jobs Gained During Year Ending in June 2014
MADISON – Actual jobs data released today by the U.S. Bureau of Labor Statistics (BLS) show Wisconsin's addition of over 5,300- manufacturing jobs ranked 11th highest in number during the 12-month period ending in June 2014. The state's addition of 35,021 private sector jobs during this time ranked 22nd highest numerically.
"The latest quarterly count shows we added tens of thousands of private-sector jobs during the year ending in June 2014, creating more opportunities for Wisconsin's working families," Department of Workforce Development (DWD) Secretary Reggie Newson said. "In the meantime, the latest monthly estimates available show that on a preliminary basis, Wisconsin's unemployment rate dropped 5.2 percent – while the national rate was unchanged at 5.8 percent – and we recovered all private-sector jobs that Wisconsin lost during the Great Recession. These are all indications that Wisconsin's economy is growing and adding jobs."
Highlights of today's BLS release of Quarterly Census of Employment and Wages (QCEW) through the second quarter of 2014 include:
- Wisconsin ranked 22nd highest in total number of jobs gained and 22nd highest in total number of private sector jobs gained from June 2013 to June 2014.
- Wisconsin ranked 11th highest in the number of manufacturing jobs gained during the 12-month period ending in June 2014.
- Wisconsin ranked 21st highest in the number of construction jobs gained over the 12-month period.
- Wisconsin quarterly wage growth was 3.3%.
Other indicators that help illustrate the state of Wisconsin’s economy include:
- Wisconsin added 16,500 private sector jobs in November on a seasonally adjusted basis, according to preliminary data. The numbers indicate Wisconsin has recovered all private-sector jobs it lost during the deep national recession by 7,600 (seasonally adjusted).
- Wisconsin's unemployment rate declined to 5.2 percent in November, its lowest rate since September 2008.
- Average Initial Unemployment Insurance (UI) claims for the first 50 weeks of 2014 dropped to the lowest point since 1999.
- Department of Financial Institutions new business formation: up 5.1 percent during the eleven months of 2014 compared to the same period in 2013.
- Wisconsin's agricultural exports for the first 9 months of the year show a 17% increase compared to last year, ranking 12th among U.S. states.
Today's BLS report of QCEW data is available online.