Despite the improvement in nominal exports ascribed to Wisconsin after Trump, real exports haven’t really recovered – and may not until global economic recovery. What does this mean for Wisconsin employment?
Category Archives: Wisconsin
Neoclassical Labor Supply Reduction, Labor Demand Decline, or Disequilibrium in Wisconsin
I see constant references to labor shortages in the Wisconsin economy (e.g, [1]). I think it’s important to understand the word “shortage” is not being used in the sense that a neoclassically trained economist would use the term.
Wisconsin Employment, 1990-2021
Senator Ron Johnson has recently observed:
“It’s not like we don’t have enough jobs here in Wisconsin.”
Senator Ron Johnson and Bringing Jobs to Wisconsin
Senator Ron Johnson, on Foxconn, in 2018:
Economic Activity in Wisconsin – Assorted Macro Metrics
A reader observes, there are “So many ways to compare “performance”. That’s so true!
Wisconsin Employment in December
DWD released December figures today.
Wages and Prices in Wisconsin
How are wages moving in Wisconsin, relative to the cost of living (as measured by the CPI)? It’s hard to tell.
Wisconsin Employment in October
DWD released October figures today.
Wisconsin Employment in September
DWD released September figures today. Nonfarm payroll employment trends sideways, as manufacturing and high contact services employment like leisure and hospitality services resume a divergence.
Wisconsin-Minnesota GDP Growth Compared
State level quarterly GDP for Q2 was just released today by BEA. Since people are still debating the efficacy of the Scott Walker economic policies in spurring growth (see e.g., here), I thought it of interest to compare the broadest measure of economic activity — real GDP — between Wisconsin and its neighbor, Minnesota. Shown below is the 4 quarter growth rate differential between Minnesota and Wisconsin.