Manufacturing

Manufacturing plays a particularly important role in supporting jobs in a core group of states in the upper Midwest and South states. The manufacturing sector employs workers at all skill and education levels, and is a particularly important provider of jobs with good wages for workers without a college degree.

The data show that manufacturing employment was stable for three decades until 1998, and has been on a largely downward trajectory since then, with traditional manufacturing states hit particularly hard. Given its size and importance, we cannot ignore the consequences of such a decline. Further, the policies that would help manufacturing the most are those that would help close the nation’s large trade deficit.

For the manufacturing sector, the last two business cycles have resulted in historically weak business cycle recoveries.

Publications

Publication

Wisconsin Job Watch: 4th Quarter 2017 Update

In the fourth quarter of 2017, Wisconsin added 12,500 jobs, most of them in October. In contrast to the strong October, in December, Wisconsin actually lost jobs. Still, over the quarter, the state’s job base grew. Growth was driven by private sector gains, with the state adding 15,200 private jobs. The state lost 2,700 public sector jobs across the quarter capping off a very weak year in the public sector. Wisconsin’s ended 2017 with 3,300 fewer public sector jobs than a year ago. Still, as with the quarter, so with the year. Private sector growth meant that the state jobs base grew 1.4 percent: Wisconsin added 40,200 jobs in 2017. The unemployment rate continues to drop slowly across the nation and Wisconsin is not an exception. Unemployment in Wisconsin stands now at 3.0%, significantly below the level of the end of 2016 and at its lowest point since the recession.

Publication

Wisconsin Job Watch: 3rd Quarter 2017 Update

In the third quarter of 2017, Wisconsin posted modest job growth, adding just 7,300 jobs. Growth in September had to make up for job losses in the previous months. In August, the state lost 7,100 jobs – the worst month in jobs in more than a year. Private sector job growth in September was strong enough to make up for August’s losses and the state completed the third quarter of 2017 with 2,900 more private sector jobs. Wisconsin’s public sector has been unsteady but ended the quarter with 4,400 additional jobs after a strong September. Public sector employment is now slightly above the January level, despite losses over the summer. The unemployment rate continues to drop slowly across the nation and Wisconsin is not an exception. Unemployment in Wisconsin stands now at 3.5%, significantly below the level of the end of 2016, but up slightly from an early summer low of 3.1%.

Publication

Wisconsin Job Watch: 3rd Quarter 2017 Update

In the third quarter of 2017, Wisconsin posted modest job growth, adding just 7,300 jobs. Growth in September had to make up for job losses in the previous months. In August, the state lost 7,100 jobs – the worst month in jobs in more than a year. Private sector job growth in September was strong enough to make up for August’s losses and the state completed the third quarter of 2017 with 2,900 more private sector jobs. Wisconsin’s public sector has been unsteady but ended the quarter with 4,400 additional jobs after a strong September. Public sector employment is now slightly above the January level, despite losses over the summer. The unemployment rate continues to drop slowly across the nation and Wisconsin is not an exception. Unemployment in Wisconsin stands now at 3.5%, significantly below the level of the end of 2016, but up slightly from an early summer low of 3.1%.

Publication

A New Jersey That Works for Working People

New Jersey’s economy has not recovered from the recession like it could – and should – have. Economic difficulties that began with losses in manufacturing jobs throughout the 1980s have persisted. Despite a diverse population and a shift in land use from sprawling suburban growth to more infill development, job numbers and GDP are growing too slowly. And what growth there is, isn’t distributed equally. New Jersey struggles with extreme racial and economic disparities that distribute the benefits of the economy not as shared prosperity, but to the wealthy.