Wisconsin added jobs for second straight month

[boomerbust]

Source: jsonline.com

Wisconsin added jobs in February from January for the first time since 2006, the state Department of Workforce Development announced Wednesday.

Without any adjustments for seasonal factors, such as winter-related construction slowdowns or school holidays, the state added 4,800 jobs in the month, although it lost 95,000 from the same month a year earlier.

After seasonal adjustments, the state added a net 5,200 jobs in February - making it the second consecutive month of seasonally adjusted job gains.

The unemployment rate, after seasonal adjustments, held steady at 8.7% in February from January. Many economists prefer to look at seasonally adjusted figures because they give a clearer picture of month-to-month trends.

The largest gains were in construction, manufacturing, and administrative and support services, it said.

Wednesday's report was a rare instance of upbeat news in a state that was hard-hit by the recession.

"We are posting job gains that show Wisconsin is moving toward recovery out of the worst national economic downturn since the Great Depression," Department Secretary Roberta Gassman said in a statement.



Read more: http://www.jsonline.com/business/89028192.html

[apnu]

1. Yay for the cheese heads north of me! (nt)

[CLANG]

2. Being from Wisconsin I obviously welcome the good news

Though I'm not quite as optimistic as Roberta Gassman about getting out of this recession. I'm still waiting for several more shoes to drop.

[TroglodyteScholar]

3. All I know is my city has the 2nd highest unemployent in the state

...and it is definitely not pretty.

[Pharaoh]

4. Woo hoo!

yes, depends where you are in the state,

but certainly in better shape than Cali, Michigan and other places...........