Wisconsin ended 2016 with 2.93 million jobs. In terms of job growth, the year was not particularly strong or consistent. Wisconsin’s December job total is just slightly above the level reached at the end of the summer. In the last quarter of 2016, the Wisconsin labor market grew by 10,500 jobs, or an average of just over 3,000 jobs per month.
Wisconsin’s labor market is growing and is well above 2007 levels, but current opportunity lags behind the level established for workers in 2007. These dynamics are clear in the job deficit figure. If the state’s labor market had grown as fast as the population of potential workers, the state would have 79,402 more jobs today than it does.
Wisconsin Job Watch: 4th Quarter 2016 Update marks a change - COWS will now provide a quarterly picture of how Wisconsin's economy is faring.