This won’t come as a surprise to the unemployed, under-employed or otherwise underpaid citizens of Wisconsin. But the state is falling even further behind the national averages in income, creating jobs and launching new private sector businesses, according to a report released Monday.
Wisconsin’s per capita income — one key measure of a state’s relative economic health — now stands at $34,476 compared to $36,629 for the nation as a whole. That puts the state 5.9% below the national average, the lowest ranking since 1991 when incomes here lagged the nation by 6.7%.
….These sobering figures come not from a left-leaning UW think tank but rather via the annual report of Competitive Wisconsin Inc., a nonpartisan consortium of agriculture, business, education and labor leaders.