Wisconsin DWD: State created 37,000 new jobs from March '11 to March '12

Challenging data provided by the U.S. Bureau of Labor Statistics, the Wisconsin Department of Workforce Development says state businesses added 37,464 private-sector jobs between March of 2011 and March of 2012.

The DWD, which has taken issue with more negative, month-to-month jobs data provided by the BLS, sent the bureau jobs data compiled from unemployment records reported by approximately 96% of Wisconsin business establishments during the first three months of 2012.

The DWD’s data highlights Unemployment Insurance (UI) administrative data, compared to data on the BLS’s website for the first quarter of 2011.

It concludes that job creation in Wisconsin from March of 2011 to March of 2012 represents 48,764 more private sector jobs than earlier job estimates. That includes a net gain of 12,088 manufacturing jobs, a 2.8% increase, and an average wage increase of 7.16% year over year.

DWD Secretary Reggie Newson said the BLS will review and “sign off on” the UI administrative data before incorporating it into the next Quarterly Census of Employment and Wages (QCEW) release on Sept. 27.

To measure employment, the BLS uses: the QCEW, which is compiled from a survey of 96% of state employers; Local Area Unemployment Statistics, which are compiled from a monthly survey of 1,450 households; and Current Employment Statistics, which are compiled from a monthly survey sent to about 5,500 employers, or about 3.5% of Wisconsin employers.

Newson noted the CES data, which is the preliminary state jobs data released on a monthly basis, has been shown to be volatile and subject to major revisions. Under that measure, the state lost 6,000 private-sector jobs in July, according to preliminary data.