State level employment data will be released by the BLS on Friday, but state agencies have already released data (h/t J. Miller) confirming that Wisconsin private employment performance deteriorates, while Kansas continues to trend sideways. So much for the benefits of a high ALEC-Laffer ranking.
Category Archives: Wisconsin
Wisconsin Employment Flatlines
State-level employment figures released this morning by the BLS indicate indicate that as US (and regional peer Minnesota) employment powers along, Wisconsin lags. As does Kansas. Hence, the negative correlation between the ALEC-Laffer economic outlook index and actual economic activity persists [1] [2]
Demographic Incidence of a Wisconsin Minimum Wage Increase
In Wisconsin, the main beneficiaries of a minimum wage increase to $10.10 would be individuals aged 20-29 years, females, and (proportionately), blacks and hispanics. Hence, opposition to a minimum wage increase implies a worse outcome for those groups in the aggregate relative to an elevated-minimum-wage scenario.
Minnesota vs. Wisconsin, and More
The Philadelphia Fed has just released coincident indicators for state economies. No turnaround for Wisconsin — it continues to lag Minnesota and the Nation.
Will Wisconsin Private Employment Be Revised Down?
Preliminary figures from the Quarterly Census of Employment and Wages (QCEW), which Governor Walker has previously touted as more accurate than the establishment survey [1], indicate a substantial downward revision in Wisconsin private employment.
Wisconsin Growth Forecasted to Decline; Kansas Flat
The Philadelphia Fed has just released leading indices for the states. Wisconsin growth is forecasted to decelerate from March growth rates, while Kansas forecasted growth is near zero since the beginning of the year.
State Employment Trends: Does a Low Tax/Right-to-Work/Low Minimum Wage Regime Correlate to Growth – An Econometric Addendum
The previous post on state employment trends sparked some debate regarding the generality of the negative correlation between the ALEC-Laffer “Economic Outlook” ranking and economic growth, as measured by the Philadelphia Fed’s coincident index. One reader argued four observations were not sufficient to make a conclusion, and I concur. Here, without further ado, is the correlation for all fifty states.
State Employment Trends: Does a Low Tax/Right-to-Work/Low Minimum Wage Regime Correlate to Growth?
It’s interesting how “pro-business” policies do not appear to be conducive to rapid employment growth.
Wisconsin Economic Activity Forecasted to Lag
No catch-up in sight for Wisconsin with Minnesota [1] (or the Nation, for that matter)
Revised and Updated Data Indicate Minnesota-Wisconsin Economic Activity Gap Increases
Philadelphia Fed revised coincident indices released today show the cumulative Minnesota-Wisconsin gap (since January 2011) has grown to 2.3% (as of February, in log terms).