It’s below peak, and April numbers revised down.Private employment 17,500 below Governor Walker’s target of an additional 250,000 jobs by January 2015. From WI DWD today.
Figure 1: Nonfarm payroll employment in Minnesota (blue), Wisconsin (red), and US (black), all in logs normalized to 2011M01=0. Light green shaded dates indicates data not yet benchmarked using QCEW data. Source: WI DWD, MN DEED, BLS and author’s calculations.
Figure 2: Wisconsin nonfarm payroll employment, May 2018 release (blue), April (red), March (green), December 2017 (black, pre-benchmark), 000’s, s.a, on log scale. Light green shaded period denotes data not benchmarked to QCEW data. Source: BLS and DWD.
Figure 3: Wisconsin private nonfarm payroll employment (red), and Governor Walker’s promise of 250,000 new private jobs by end of first term (gray line), 000’s, s.a. Light green shaded period denotes data not yet benchmarked to QCEW data. Source: BLS, DWD, author’s calculations.