Updated
Updated · Urban Milwaukee · Aug 20
Wisconsin Holds July Unemployment at 3.3% as Employment Rises by 6,600
Updated
Updated · Urban Milwaukee · Aug 20

Wisconsin Holds July Unemployment at 3.3% as Employment Rises by 6,600

1 articles · Updated · Urban Milwaukee · Aug 20

Summary

  • Wisconsin’s seasonally adjusted unemployment rate was unchanged at 3.3% in July, while the number of employed residents rose to 3,036,800.
  • Employment increased by 6,600 from June and by 26,500 from a year earlier, based on preliminary U.S. Bureau of Labor Statistics estimates released by the state.
  • Nonfarm payrolls also edged higher, up 1,200 on the month to 3,042,900, indicating continued job growth even as the jobless rate held steady.
  • Wisconsin’s labor force participation rate stayed at 64.5%, topping the national 61.4%, and its unemployment rate remained 0.8 percentage point below the U.S. rate of 4.1%.

Insights

How did Wisconsin's job market manage to outpace the national average despite severe storms ravaging the state this year?
Could the hidden surge in disaster recovery efforts be the real secret behind Wisconsin's surprisingly steady employment numbers?