[initially posted 12:50 a.m., updated 8:40] The US Bureau of Labor Statistics reports 78 "mass layoff events" (50 or more workers laid-off) in Wisconsin for January, 2012, the data show - - the largest number of such events in the twelve-state Midwest region.
And 6.014 new unemployment compensation claimants - - also the most among Midwestern states.
In both categories, we're unfortunately ahead of bigger states, like Ohio and Michigan.
I expect that by Monday or Tuesday we'll have the actual net job gain or loss data: the six prior months for Wisconsin have all been in the minus category.
PolitiFact had been charting the month-by-month job picture, but since the Wisconsin Department of Workforce Development has yet to release January numbers, the chart only covers 2011.
And the 250,000 new private-sector jobs Walker promised in his 2010 campaign?
Not happening.
Looks like Team Walker has its new campaign song, Tom Petty notwithstanding.
The knock-on effects of draining over $1B in liquidity from the state's economy and placing it in the bank accounts of the 1% and out-of-state corporations is quite dramatic.
ReplyDeleteAnyone who is curious about how a Republican austerity program at the national level would damage the economy need look no further than Wisconsin and the Walker/Koch Shock Doctrine experiment.
I don't believe this is an accident. I believe it is the intended result; that is, to diminish the political power of the working class by impoverishing it.
This is all scripted.I just hope the strong people of Wisconsin stand up and fight and don't get duped twice.Please"Fight on for your fame!"
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