The Foxconn factory groundbreaking in June highlighted the promise of the Taiwan-based company to create between 3,000 and 13,000 jobs in their technology manufacturing plant.
That's not the only positive manufacturing news; the state gained over 1,000 manufacturing jobs in May, according to preliminary estimates from the Bureau of Labor Statistics. But overall, it lost 5,300 private-sector jobs.
In June, the Wisconsin of Workforce Development announced that the state has gained 45,000 manufacturing jobs since the end of 2010, and 15,100 of those jobs have come in the last 12 months since May 2017.
Over that same time period — May of 2017 to May of this year — the number of employed individuals increased by 42,800. By May of this year, that amounted to 3,090,200 individuals employed — a record-setting number.
Wisconsin gained 1,200 manufacturing jobs in May. That was better than Illinois and Iowa, which both lost 100 jobs, and slightly behind Michigan and Minnesota, which gained 1,300 and 1,400 jobs respectively.
Since the beginning of this year, the nation has seen increases of 95,000 manufacturing jobs and 110,000 construction jobs; “hiring in manufacturing is off to the best start this year since 2011,” the Washington Post said.
But manufacturing gains in Wisconsin couldn't offset job losses in other industries, leading to a net 5,300 private-sector job decrease. The nation as a whole fared well in May, with 223,000 new jobs, beating predictions of 200,000. Surrounding states all saw increases private sector jobs; Illinois gained 6,000; Iowa gained 3,100; Michigan gained 11,700 and Minnesota gained 9,900.
"The labor market is continuing its longest streak of job growth on record," Martha Gimbel, researcher director at Indeed.com, told the Washington Post. "This recovery is showing no sign of slowing down."
The state remains at a 2.8 percent, record-low unemployment rate, and DWD Secretary Ray Allen noted in a press release that there were 94,000 available positions on on the state's jobs website.
The figures are part of the Current Employment Statistics program, which samples a small number of employers monthly. As preliminary estimates for May, the numbers are subject to revision.
Here's the Cap Times job database update: