Posts Tagged ‘Minnesota vs. Wisconsin’
Wisconsin Grows Poorer, More Unequal Relative to Minnesota
Minnesota’s median income grew faster than the national average over the past decade, as noted in part 1 of this series. And while Minnesota income inequality has increased, it has increased less rapidly than the national average. Meanwhile, in Wisconsin, median income growth fell short of the U.S. growth rate and income inequality increased at…
Read MoreMinnesota Passes Wisconsin in Total Jobs
Total 2017 employment in Minnesota eclipsed that of Wisconsin for the first time in history,* despite having over 200,000 fewer people. Just ten years ago, Minnesota had 93,000 fewer jobs than Wisconsin. The Gopher State now has 6,200 more jobs, according to the Quarterly Census of Employment and Wages (QCEW).† In light of recent trends…
Read MoreMinnesota Job Growth Is Strong, Considering Its Low Unemployment
Minnesota job growth has been fairly healthy in recent years, relative to the rest of the nation and neighboring states. Last month, a North Star article showed that Minnesota has surpassed the national average on multiple economic indicators—including job growth—during the current business cycle (i.e., since 2007). A recent Economic Policy Institute (EPI) report also…
Read MoreMinnesota Still Outperforming “Right to Work” Wisconsin
For most of the last decade, earnings in Minnesota and Wisconsin grew at a similar pace—until 2015. In that year, Wisconsin adopted its so-called “right to work” (RTW) law. Since then, earnings growth in Wisconsin slowed relative to Minnesota. In 2017, the average hourly earnings gap between Minnesota and Wisconsin was 42% greater than it…
Read MoreWhen Equal Unemployment Rates Are Not Equal
Minnesota and Wisconsin currently enjoy low unemployment rates relative to the rest of the nation. In addition, both states enjoyed an above average decline in unemployment rates since the beginning of the Great Recession. However, this does not mean that the economies of these states have performed equally well. Minnesota achieved its low unemployment rate…
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