A report from the Wisconsin Policy Forum (WPF) found that the Madison area lost over 8,000 jobs between 2019 and 2022, led in part by declines in the technology sector.
WPF released the report, which broke down the statewide labor market using data from the federal Department of Labor Statistics, Thursday.
It showed Wisconsin lost 52,220 jobs compared to pre-pandemic employment levels. This despite the fact that the state unemployment rate remains near a historic low of 2.5 percent.
Joe Peterangelo, a senior researcher with WPF said that Wisconsin workers made wage gains that outpaced inflation over the three year period focused on in the report.
The report also broke down employment numbers for Wisconsin’s three largest metropolitan areas: Milwaukee, Madison and Green Bay.