Federal Inflation Reduction Act Could Bring More than 24,000 Jobs to Wisconsin

Thursday, March 2nd, 2023 -- 11:01 AM

(By Joe Schulz, Wisconsin Public Radio) The federal Inflation Reduction Act could bring more than 24,000 jobs to Wisconsin over the next decade, while also helping utilities, businesses and homeowners adopt renewable energy technologies.

According to Joe Schulz with Wisconsin Public Radio, that’s according to a recent analysis of the law’s climate and energy provisions by Data For Progress, a left-leaning think tank.

Matt Mazewski, the report's author, said the analysis looked at how a change in federal spending could filter through the economy and generate employment in different sectors.

To test its job projections, Data for Progress used modeling to project employment impacts from past legislation where employment impacts have already been studied, he said.

"Based on the information available at the time, we would have made projections that were pretty much in line with what subsequent research found about the impacts of that law," Mazewski said.

While Wisconsin already has 71,000 clean energy jobs, Data For Progress estimates the Inflation Reduction Act, or IRA, may create or preserve 4,080 direct jobs, 13,300 indirect jobs and 6,930 induced jobs.

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