Wisconsin lost 12,500 jobs in the private sector in July and netted an overall loss of 8,200 jobs, nearly wiping out the gains from a strong June, according to the state Department of Workforce Development.
Worforce Secretary Scott Baumbach blamed the losses between June and July on national and global factors, rather than anything specific to Wisconsin.
“We are seeing the effects of the national economy in our July numbers,” Baumbach said in a news release announcing the latest figures. “The wild market fluctuations during the debt ceiling negotiations, the European debt crisis and other factors contributed to a great deal of uncertainty, which may very well have affected Wisconsin’s job numbers given our state’s ties to the national economy.” (more…)
