Thursday, December 15, 2011

Another view of our job loss from the US Bureau of Labor Stats.Wisconsin loses jobs for fifth straight month

Controversy in the numbers.  But not that much controversy.

Wisconsin loses jobs for fifth straight month

But Laura Dresser, an economist with the UW-Madison's Center on Wisconsin Strategy, says even with revisions the numbers show a disturbing trend of jobs losses continuing here even as the national recession eases.
"The unemployment rate can fall even as the number of jobs fall; it just means people have given up looking for work," she says. "When people say they are not actively seeking work, they are no longer counted as unemployed."

 

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