BLS Data: Wisconsin Unemployment Rate Remains at 2.9 Percent; 45,100 Total Nonfarm Jobs Added Over the Year
MADISON – The Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) preliminary employment estimates for the month of June 2022. Wisconsin’s unemployment rate remained at 2.9 percent in June. The state added 45,100 total nonfarm jobs and 44,900 private-sector jobs over the year from June 2021 through June 2022.
- Place of Residence Data: Wisconsin’s labor force participation rate was 66.4 percent in June, 4.2 percentage points higher than the national rate of 62.2 percent in June. Wisconsin’s unemployment rate in June was 2.9 percent, near historic lows.
- Place of Work Data: Wisconsin total nonfarm jobs increased by 45,100 jobs and private-sector jobs increased by 44,900 from June 2021 through June 2022. Over the month, total nonfarm jobs decreased by 1,800 and private-sector jobs decreased by 1,700 jobs.
“Wisconsin’s unemployment rate continues to be lower than the national unemployment rate of 3.6 percent, showing that Wisconsin’s economy continues to be strong despite numerous outside pressures such as the conflict in Eastern Europe and continued supply chain challenges,” DWD Secretary-designee Amy Pechacek said. “For those still seeking a job or looking for a better job, employers are ready, willing, and able to hire skilled talent. DWD programming can help develop and match skill sets with the needs of employers. I encourage job seekers to visit JobCenterofWisconsin.com and get connected with employers or DWD training resources today.”
Today’s full report can be viewed on DWD’s premier source for labor market information, WisConomy.com.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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