A new report shows some signs of hope with Wisconsin’s unemployment trend. Since April the rate of unemployment has leveled off after steady decline, according to the Center on Wisconsin Strategy’s Job Watch. COWS Associate Director Laura Dresser says nationally heavy months of jobs loss from September to March affected industries including manufacturing, financial services and retail.
Construction also saw job loss in Wisconsin but gained an uptick in the spring, a common seasonal trend, before falling again. Two thousand five hundred construction jobs in the state were lost between May and July.
Wisconsin unemployment stands at 9-percent. The Badger State has 137,100 fewer jobs than when the recession started in December 2007 but Dresser calls the recent steadiness “good news.”