The Department of Workforce Development released the U.S. Bureau of Labor Statistics job totals for January 2024, which showed Wisconsin’s total nonfarm jobs, private jobs, and employment hit new all-time highs.
The state added 5,100 nonfarm jobs for a historic high of 3,026,900. Private sector jobs increased by 17,000 over the year and increased by 4,700 over the month to 2,621,000. The state also made gains in employment, increasing by 2,900 over the month and 29,300 over the year to a record 3,047,500. Wisconsin’s seasonally adjusted unemployment rate was 3.2% in January, while the state’s total labor force participation rate remained at 65.9%.
The number of unemployed people in Wisconsin decreased 5,200 over the month and increased 18,200 over the year to 100,400. The labor force decreased by 2,300 workers over the month for a total labor force of 3,147,900.
Construction jobs grew by 1,900 over the month to a record high 140,000 jobs.
The full report is available here.
