Wisconsin Job Watch – April Update

Wisconsin’s dramatic March job growth was nearly erased by equally dramatic job losses in April, as the state lost nearly 13,000 jobs. The private sector lost 11,500 jobs and the public sector fell by a little more than 1,000. Manufacturing losses of 4,200 jobs were particularly severe. And in contrast to the overall decline, construction gained 3,500 jobs last month. All in all, the unemployment rate in Wisconsin dropped one tenth of a percentage point and stands now at 4.4%. Additionally, over the last year, Wisconsin’s job growth lags behind some of its Midwest neighbors: while Michigan and Indiana have grown at a pace of 2.5% and 1.6% respectively, Wisconsin has grown at a pace slower than 1.5%.