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, September 17, 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
Federal QCEW Data: Wisconsin Creates Almost 40,000 Private-Sector Jobs Year over Year
MADISON – Wisconsin Department of Workforce Development (DWD) Secretary Reggie Newson issued the following statement following today's release of U.S. Bureau of Labor Statistics (BLS) data showing Wisconsin added over 39,600 private sector jobs during the 12-month period ending in March 2015:
"Today's release from the federal government shows Wisconsin added almost 40,000 private-sector jobs including gains in areas such as manufacturing and construction," Secretary Newson said. "With today's separate federal report showing Wisconsin's unemployment declined to 4.5 percent in August, it is clear that businesses are adding jobs, more Wisconsinites are working and our economy is moving forward."
Highlights of today's BLS release of Quarterly Census of Employment and Wages (QCEW) through the first quarter of 2015 include:
- Wisconsin's 12-month gain of 39,624 private-sector jobs outpaced neighboring states of Illinois and Iowa, as well as Ohio, in rate of growth through March 2015.
- Wisconsin ranked 15th highest in the number of manufacturing jobs (+6,265) added, and ranked 17th in number of construction jobs (+6,021) gained during the 12-month period ending in March 2015.
- A 6.8 percent gain in rate of construction jobs ranked Wisconsin 16th highest in the nation.
- Total private-sector wages increased by 4.5 percent in the first quarter of 2015 over the same quarter in 2014.
Other indicators that help illustrate the state of Wisconsin’s economy include:
- Wisconsin's preliminary seasonally adjusted unemployment rate was 4.5 percent in August, significantly lower than the national unemployment rate of 5.1 percent in August and below the state's rate of 5.3 percent in August 2014.
- Average Initial Unemployment Insurance (UI) claims for the first 37 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.
- Chief Executive Magazine ranked Wisconsin the "12th Best State for Business" in its annual survey of CEO's, an increase of two spots over the 2014 ranking, and a significant increase since 2010, when the state ranked 41st.
Today's BLS report of QCEW data is available online.