Econbrowser: Wisconsin Governor Walker: "We are heading in the right direction."
That statement is from Wisconsin Governor Scott Walker's State of the State address. Here are some additional remarks:
Tonight I'm happy to report that after three years of losing 150,000 jobs Wisconsin actually added thousands of new jobs in 2011. New business formations are up by over 2 percent. And our unemployment rate is down from a year ago.Figure 1 provides a comparison of Wisconsin's performance, in terms of economic activity, using data released on Thursday by the Philadelphia Fed.
In fact, Wisconsin’s unemployment rate is not only lower than the national average but much better than our neighbors to the south in Illinois.