Saturday, November 5, 2011

Still The Most Important Story During Walker's Counterfeit Rule

The AP reported two weeks ago on the crash of his 250,000 jobs' pledge.

An economic forecast by Gov. Scott Walker's own administration predicts that Wisconsin will fall far short of adding the 250,000 new private-sector jobs by 2015 that the governor promised as a key part of his successful election campaign.

The Department of Revenue report released Friday predicts that by 2014, the state will have added only 136,000 jobs in the private sector compared with 2010. The job growth estimate was down 43,000 from the department's previous report released in June.

Walker promised while he was campaigning that the state would add 250,000 jobs during his four years in office. But like the national economy, growth has been sluggish in Wisconsin this year and job growth is not track to meet Walker's pledge.

Through September, the state had added just 29,300 jobs since Walker took over in January. At that pace, there would be roughly 156,000 new jobs in the state by 2015.

1 comment:

Jake formerly of the LP said...

You're soft-selling just how short Walker is of reaching that jobs goal, James. Throw out January 2011, which is before all these Walker bills were passed, and the numbers are even worse:

18,200 private sector jobs in 8 months (2,275 a month)
11,800 total jobs in 8 months (1,475 a month)

Put that trend together for 48 months, and you don't even get halfway to 250,000 private sector jobs. And that doesn't even go into how badly Wisconsin is lagging the country in job creation.