Economy
Even with 6% growth in Q1, Wisconsin GDP is not back to pre-pandemic level
Wisconsin’s real gross domestic product grew at a 6% annualized rate in the first quarter, a pace the state only exceed three times since 2005, but it was still not enough to push the state’s economy back to pre-pandemic levels, according to data from the U.S. Bureau of Economic Analysis.
WMC survey finds nearly 9 in 10 businesses struggling to find workers
Nearly nine in 10 businesses surveyed by Wisconsin Manufacturers & Commerce say they are having trouble hiring new employees, according to data released by the organization Thursday.
Wisconsin earnings growth ranks 25th as government checks drive personal income up sharply
Given that the first quarter of this year included two rounds of stimulus checks totaling $2,000 for many Americans, it should come as no surprise that personal income rose sharply in the quarter.
Wisconsin added 3,400 private sector jobs in May as labor force grows
Wisconsin employers added 3,400 private sector jobs in May and the state’s labor force participation rate increased to 66.1%,...
Businesses are struggling to find workers, so what’s happening with wages?
Wisconsin’s overall wage growth has been amongst the slowest in the country compared to pre-pandemic levels, but the state’s construction sector has been a bright spot and is among the highest in the country when it comes to worker pay.
Applications sought for MMAC’s Focus on the Future awards program
The Metropolitan Milwaukee Association of Commerce is seeking applications for its Focus on the Future awards program.
- Advertisement -
Wisconsin added 9,300 jobs in April, unemployment and labor force up slightly
Wisconsin added a total of 9,300 nonfarm jobs in April, including 8,200 in the private sector and the state’s unemployment and labor force participation rates both increased slightly, according to data released by the Department of Workforce Development on Thursday.
Wisconsin import growth outpacing exports in Q1, both up over pre-pandemic levels
International imports into Wisconsin increased nearly 22% in the first quarter compared to the same period while the state’s exports are up around 5.4% from 2020, according to data from the U.S. Census Bureau.
Commentary: Take your shot
The recent announcement by the CDC and the FDA recommending a pause for the Johnson & Johnson COVID-19 vaccine...
Wisconsin unemployment claims trending in opposite direction of the U.S.
Initial unemployment claims in Wisconsin have averaged a nearly 12.6% weekly increase for the last four weeks, the worst four-week stretch for the state since April 2020, according to data from the U.S. Department of Labor.