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
Wednesday, August 19, 2015
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
Wisconsin Adds Almost 40,000 Private-Sector Jobs During Year Ending in March 2015
New quarterly data also show private sector wages grew by 4.5% compared to the first quarter of 2014
MADISON – New quarterly census job count data shows Wisconsin gained almost 40,000 private-sector jobs from March 2014 to March 2015, including almost 6,300 jobs in manufacturing. In addition, quarterly wages by covered private-sector employers grew by 4.5 percent over the same quarter in 2014.
The Wisconsin Department of Workforce Development (DWD) today released the state's Quarterly Census of Employment & Wages (QCEW) covering the first quarter of 2015. The data is based on actual job reports from over 135,000 Wisconsin employers. Highlights from the actual job counts, when compared to U.S. Bureau of Labor Statistics' (BLS) published data for 2014, include:
- Wisconsin added 39,652 private-sector jobs from March 2014 to March 2015.
- Quarterly wages by covered private-sector employers grew by 4.5 percent year over year.
- Wisconsin's manufacturing sector added close to 6,300 jobs over the 12-month period.
- Construction wages grew by 11.5 percent from the first quarter 2014.
Other indicators that help illustrate the state of Wisconsin’s economy include:
- Average Initial Unemployment Insurance (UI) claims for the first 32 weeks of 2015 dropped to the lowest point since 1990, and the annual average weekly continued UI claims are at their lowest levels since 2000.
- Department of Financial Institutions new business formation: The number of new business entities formed in Wisconsin in the first seven months of 2015 grew by 3.4% percent compared to same period in 2014. As of July 31, 2015, new business filings totaled 24,625, compared to 23,875 in the same period in 2014.
- Chief Executive Magazine ranked Wisconsin the "12th Best State for Business" in its annual survey of CEO's, an increase of 2 spots over the 2014 ranking, and a big increase over 2010, when the state ranked 41st.
- Manpower Employment Outlook Survey gave Wisconsin a better outlook than the nation and our second best outlook since the end of the recession for the 3rd quarter.
"The private sector is creating employment opportunities for tens of thousands of working families across our state year after year," DWD Secretary Reggie Newson said. "We are working aggressively with employers, economic development entities, technical colleges and other partners to advance innovative programs that ensure workers are prepared for these new opportunities as the state's economy grows and adds more jobs."
Every quarter, all employers covered under state or federal unemployment insurance are required to submit tax reports on monthly employment, quarterly total and taxable wages, and contributions for hourly and salaried employees. Wisconsin has nearly 170,000 business establishments employing some 2.7 million workers that are required by state and federal statutes to submit this information to DWD. DWD sends the data to the BLS, which incorporates the information when it publishes the QCEW.
Wisconsin has received the BLS's sign-off on state data covering the first quarter of 2015 and will post the first-quarter data on its WORKnet site in the coming days. The BLS will incorporate the data in its next QCEW release scheduled for September 17, 2015. Information about the QCEW, including data for the 2014 quarters and 2015 first quarter, can be accessed through the BLS website at http://bls.gov/cew/.