While some small steps in economic recovery were seen in October, the hardest hit sector continued to be construction where a 6.6 percent job decline compared to last year was reported, according to the Metropolitan Milwaukee Association of Commerce.
The job decline was the largest of the 10 major industry sectors. Four saw gains, including a 1.4 percent increase in manufacturing.
“A lot of times, manufacturing and construction are slow to recover,” said Bret Mayborne, the MMAC economic research director. “But this is not a typical downturn or a typical recovery.”
October was the 30th consecutive months of decline compared to the previous year.
Overall, jobs fell at 1.1 percent in October to 801,400, slightly less than the 1.4 percent seen in September, Mayborne said.
“It’s really a mixed bag,” Mayborne said. “Manufacturing was encouraging as was the professional and business services, which was temporary help. That’s the first place you are going to see improvement.”
— Marie Rohde