Wisconsin unemployment fell below 3 percent last month for the first time since mid-2023


Wisconsin unemployment fell below 3 percent last month for the first time since mid-2023


State continues to outperform the country on unemployment, labor force participation

The unemployment rate in Wisconsin dipped below 3 percent in April for the first time since mid-2023, according to data released Thursday by the state Department of Workforce Development. 

Last month, Wisconsin’s unemployment rate declined to 2.9 percent, a full percentage point lower than the national rate.

The state also added 900 nonfarm jobs and its labor force participation rate remained at 65.6 percent, nearly 3 percentage points above the national rate...


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- - Volume: 24 - WEEK: 21 Date: 5/22/2024 8:08:41 AM -