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Home » “It’s not like we don’t have enough jobs here in Wisconsin” – Ron Johnson, February 2022
Economy

“It’s not like we don’t have enough jobs here in Wisconsin” – Ron Johnson, February 2022

October 4, 2022No Comments1 Min Read
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Article here. How is Wisconsin doing, employment-wise — especially in terms of manufacturing jobs that Senator Johnson has refused to try to bring to Wisconsin?

Figure 1: Wisconsin manufacturing employment (black) and US manufacturing employment (tan), both sa, in logarithms, 2020M02=0. The NBER has defined peak-to-trough recession dates as shaded. Source: BLS via FRED, NBER and author’s calculations.

While domestic manufacturing is up half a percentage point (in terms of logs), Wisconsin is down 0.8 percentage points.

What about private employment in general? There, the performance gap is greater (0.7 ppt versus -0.016 ppt).

Figure 2: Wisconsin private non-farm wage employment (black) and US private non-farm wage employment (tan), both sa, in logs, 2020M02=0. The NBER has defined peak-to-trough recession dates as shaded. Source: BLS via FRED, NBER and author’s calculations.

Strangely, in 2018, Senator Johnson was an enthusiastic supporter of the Foxconn misadventure – from the horse’s mouth, see here.

Therefore, I point out that Senator Johnson is misrepresenting the situation in Wisconsin.

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