More Job Losses

Ouch, that smarts.

Wisconsin employers cut 129,600 jobs since October 2008, the steepest year-to-year plunge in 70 years of data.

The state Department of Workforce Development is scheduled report on job losses and unemployment midday Thursday. But preliminary estimates from a state database and historical figures from the Bureau of Labor Statistics suggest Wisconsin’s employment picture continues to get bleaker.

The 4.5% decline in payroll jobs in the last 12 months is the state’s biggest since 1958.