Economy

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.

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.

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.
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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.

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.

Wisconsin added 11,100 private-sector jobs in March, still down nearly 100k from last year

Wisconsin added 11,100 private-sector jobs in March, but the state’s employment remained down by 98,300 from March 2020, according to data from the Department of Workforce Development.

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