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Friday, November 1, 2024

Wisconsin loses over 227K jobs due to COVID-19

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Every state across the nation has seen a drop in its economy since February 2020. 

By November, the latest data reveals that a total of 17 states experienced job loss from October and the rest saw a decline in job growth.

In December alone, the country lost 140,000 jobs and was down almost 10 million jobs since February. 

Wisconsin saw a loss of 227,300 jobs between February and November, which was a 7.6 percent drop. 

Between October and November, the state's workforce fell by 3,900 jobs and had regained 0.1 percent of the labor force it had.

Experts say that the nation needs to tackle COVID-19 to improve the country's economic standing.

One of the hardest-hit sectors is the accommodation and food services industry, which lost 19.2 percent of its workforce, or 2.8 million jobs. 

The arts, entertainment, and recreation industry lost 27.9 percent of its workforce, or 690,000 jobs as of November.

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