Record Low Jobless Rate Projected

7/10/17 – We’ll find out July 20th if Wisconsin will have record low unemployment. A new U-W Madison report predicts a three-percent seasonally adjusted jobless rate for June — which would tie the state’s all time low from May through July of 1999. The report also said the state would set a new low of two-point-nine-percent in July before rising to three-point-four by next May. The most recent state unemployment rate was three-point-one-percent for May of this year, and Republican Governor Scott Walker credits conservative policies for the fact that more Wisconsinites are working than ever before. But the Wisconsin State Journal says wages have not kept pace with inflation in the last decade — and Marquette economist Abdur Chowdhury says most jobs created since 2010 were in low paying and low skilled areas, while higher skilled jobs have not seen much growth.