The Department of Workforce Development (DWD) recently released the U.S. Bureau of Labor Statistics (BLS) job totals for the month of July, which showed Wisconsin’s total nonfarm jobs hit a new high of 3,007,200. This is 39,500 more jobs than a year ago and an increase of 4,700 over the previous month.
Preliminary employment estimates for July showed Wisconsin’s seasonally adjusted unemployment rate was 2.6%. The labor force grew by 11,200 and employment increased 6,800 over the month. The state’s total labor force participation rate increased to 65.5%.
Nationwide for the month of July, the U.S. unemployment rate was 3.5%, 0.9 percentage points above Wisconsin’s rate, and the national labor force participation rate of 62.6% was 2.9 percentage points below the state rate.
Private sector jobs increased by 6,400 over the month of July and 34,700 over the year. Health care and social assistance jobs grew 7,500 over the month and 12,500 over the year.
The full report can be found online.
