Wisconsin Poverty Report

State poverty drops in recession, study finds, By Meg Jones, April 25, 2012, Milwaukee Journal Sentinel: “Poverty in Wisconsin actually dropped during the recession and its aftermath, surprising University of Wisconsin researchers who credit safety net programs such as food stamps and tax credits. From 2009 to 2010, state poverty dropped from 11.1% to 10.3%, according to a study by the Wisconsin Poverty Project that will be released Wednesday. The statistics compiled by the Institute for Research on Poverty differ from U.S. census figures, which show poverty increased in Wisconsin during that time. However, the official poverty measure only considers pretax cash income, and Wisconsin Poverty Project researchers included other means used by federal and local governments to stimulate the economy…”

College Financial Aid

Student loans: Will Congress’s remedy favor middle class over poor?, By Mark Trumbull, April 25, 2012, Christian Science Monitor: “The surging student loan burden has the attention of President Obama and Congress. A jaw-dropping fact has become widely publicized: that student debt for the first time totals more than $1 trillion, well over the amount Americans owe on credit cards. But even as politicians consider fixes – especially how to avert an interest-rate hike affecting students come July 1 – the grant-style aid that’s most important to lower-income students is already experiencing a budget squeeze…”

Job Losses and Unemployment – Wisconsin

  • State posts largest percentage job loss in U.S. over past year, By Craig Gilbert, April 24, 2012, Milwaukee Journal Sentinel: “Wisconsin is the only state in the nation that had “statistically significant” job losses over the past 12 months, according to the U.S. Bureau of Labor Statistics. The state lost 23,900 jobs from March 2011 to March 2012. The majority – 17,800 – were government jobs. But Wisconsin also lost more private-sector jobs – 6,100 – than any other state over those same 12 months, the government data shows…”
  • Wisconsin job losses highest in nation for last 12 months, federal report says, By Karen Rivedal, April 25, 2012, Wisconsin State Journal: “Wisconsin saw the largest percentage decrease in employment in the nation during the 12 months ending in March, a new report by the U.S. Bureau of Labor Statistics said. During that time period, while 27 states and the District of Columbia saw significant job increases, only Wisconsin saw ‘statistically significant’ job losses, the report said. From March 2011 to March 2012, the state lost 23,900 jobs, for the country’s largest percentage decrease, at 0.9 percent. Of the 23,900 jobs lost in Wisconsin in that period, 17,900 were from the public sector and 6,000 were from the private sector, according to the BLS…”