State lost 12,500 private-sector jobs in July
By John Schmid of the Journal Sentinel
Updated: Aug. 18, 2011 12:44 p.m.
Wisconsin lost 12,500 private-sector jobs last month, effectively annulling nearly all of the previous month’s gains, according to the latest data from the state Department of Workforce Development.
The administration of Gov. Scott Walker attributed the weakness in Wisconsin to the national and international economy.
“Wisconsin is not immune to the national economic slowdown this summer, and we are seeing the effects of the national economy in our July numbers,” Department of Workforce Development Secretary Scott Baumbach said in a statement. “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.”