Racine’s unemployment rate jumps, back in the top spot
According to the data released July 19, 2012 from the The state Department of Workforce Development, the City of Racine is back at #1 for unemployment. According to the new metro area jobs statistics:bThe Racine, Janesville and Eau Claire areas had the state’s biggest one-month increase in the unemployment rate among metro areas, at 1%. Janesville’s rate went to 9.4% from 8.4%, while Racine’s rose to 9.2% from 8.2% and Eau Claire’s increased to 7.1% from 6.1%, the preliminary estimates indicate. However, in June of 2011, all had higher unemployment rates: Janesville at 10%, Racine at 9.6% and Eau Claire’s at 7.3%.
Among other metro areas:
Milwaukee’s rate rose to 8.3% from 7.4% from May to June, but was down from June 2011, when it was 8.6%.
Madison’s rate increased to 5.5% from 4.9% from May to June, but was 5.9% in June last year.
Green Bay’s rate was 7%, up from 6.4% in May but down from 7.6% in June of 2011.
For the complete report released visit
Department of Workforce Development June Statistics
3 Responses to Racine’s unemployment rate jumps, back in the top spot
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The power to tax is the power to destroy! When government takes too big a cut – and private enterprise isn’t profitable – well, that business must close it’s doors.
The JD Times is full of foreclosure notices, WE Energies is filing suit against those that can’t pay, houses continue to decline in value, crime is steady/increasing, and Renquist Design is the latest in a long line of businesses to leave Racine.
RUSD has a 6.42% tax increase approved, Gateway needs an additional $500,000 and John and Tom are already $2 M over budget – setting the City up for $$$$$ Lawsuits and potential large fee increases.
Who will be left to shoulder the property tax burden in 2013? Brave residents of Racine will not only have to shoulder the increase, but also an increase in their taxes due to the loss of tax base. How’s that going to work? Hope you check your property values against what they are actually worth – which, isn’t much. You can easily buy a house for $10,000 – $50,000 in Racine! A strategic default and a move to Mt. Pleasant, Caledonia, or Kenosha could save you thousands and make a big difference!
Watch closely to see which companies pull up and leave Racine next. Good luck, brave residents of Racine.
Tricky Dicky
07/25/2012 at 8:59 pm
I thought that John Lehman was going to save this city.
slinkeey
07/27/2012 at 8:43 am
The brave residents of Racine need to be brave enough to elect a government that is not spend and tax happy, make schools follow budgets, at attack what is the most important first like cutting taxes. the taxes assessment value on my house are way over what I can truly get for it which is what I payed for it 12 years ago. residents need to protest these unfair taxes to the city, have a realtor go thru your house, they will tell you the truth of what you can get for it. like I said, we will be the next Detroit if something is not done and I don’t plan on staying to see it transform to that!
muffy12
07/28/2012 at 3:36 am