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Biz Beat: School cuts were big piece of job losses

“Clearly, the recovery has lost some of the strength seen in early 2011, when jobs grew steadily through the first six months of the year,” says a new report from the Center on Wisconsin Strategy, a UW-Madison think tank. The COWS report notes Wisconsin now has a jobs deficit of 195,300 — the difference between the number of jobs Wisconsin has now and what it needs to return to pre-recession levels.

“The jobs deficit should be a national and state priority,” the group says. Whether Republican, Democrat or Wall Street occupier, nobody is arguing that point.