Thursday, December 15, 2011

Walker's Wisconsin Open for business: lost 11,700 private-sector jobs in November



State lost 11,700 private-sector jobs in November - JSOnline
Wisconsin lost private-sector jobs for the fifth consecutive month in November, the same months that the nation has been adding private-sector jobs, according to a report Thursday from the state Department of Workforce Development.
The state lost an estimated 11,700 private-sector jobs in November from October, the deepest since April 2009 when the nation was in the throes of the recession, according to the agency's data. The figures are based on a monthly government survey of employers and adjusted to smooth out recurring seasonal factors, such as winter-related slowdowns in construction or holiday hiring by retailers.
The government sector, meanwhile, continued to lose jobs at the city and county level, as it has for much of the past two years. All told, the state lost an estimated 14,600 non-farm jobs when the losses in the private sector are combined with the losses in the public sector.
The unemployment rate, which the government derives from a separate sample of households, showed an improvement to 7.3% in November from 7.7% in October, mirroring a decrease in the national rate. The U.S. Bureau of Labor Statistics reported the national rate two weeks ago.

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