Wisconsin’s economy is strong; both Republicans, Democrats want to take credit | National News

SOMERS — Peter Barca, the Kenosha native, former congressman and state representative now leading the Wisconsin Department of Revenue, has spent recent months speaking with state economic leaders and spreading one message: Business is good.

Here’s why:

  • As of February, Wisconsin was among 13 states with unemployment rates below 3%, and all 13 of Wisconsin’s metro areas (from Milwaukee to Kenosha to Wausau) have unemployment rates below the U.S. average.
  • Before the pandemic sparked a never-before-seen spike in job loss, Wisconsin’s unemployment rate was at an all-time low: 2.9%. Now, that record has been broken, reaching 2.8% in December 2021, a rate the state is nearing again as employers now struggle to find workers.
  • Rating agencies Standard & Poor’s and Kroll Bond Rating Agency have given Wisconsin AA+ and AAA bond…

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