It seems that Wisconsin Gov. Scott Walker (R) might have been overreaching when he promised to create 250,000 new jobs in his first term. While Walker has spent the last twelve months slashing state budgets and busting unions, Wisconsinites have been dealing with the consequences. New data from the Bureau of Labor Statistics show that Walker’s state saw the largest decrease in jobs over the last year, dropping nearly a full percentage point:
Over the year, nonfarm employment increased in 45 states and the District of Columbia, decreased in 4 states, and was unchanged in Alabama. The largest over-the-year percentage increase occurred in North Dakota (+6.5 percent). The largest over-the-year percentage decrease in employment occurred in Wisconsin (-0.9 percent).
This just adds more evidence to an already existing trend: states with the most drastic budget cuts are seeing the most job losses. Budget slashing at the state level is stalling growth and reducing GDP.
Supplementing that argument are the employment totals for just the month of March. Ohio, which is led by austerity-happy Gov. John Kasich (R), lost 9,500 jobs. New Jersey Gov. Chris Christie (R) saw his state drop 8,600 jobs. And Wisconsin dropped 4,500 last month.
The era of austerity clearly hasn’t worked. Instead, these statistics show that conservative budgets have made things worse in the states where they were supposedly going to turn economies around.