Wisconsin Ties Record Low for Unemployment, Remains Well Below National Average

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MADISON, WI (Submitted to OnFocus) – The Wisconsin Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) preliminary employment estimates for the month of November 2021.

The data shows that Wisconsin’s total nonfarm jobs increased by 10,200 in November 2021 when compared to October 2021 while Wisconsin’s private-sector jobs increased by 12,300 in the month of November. Wisconsin’s unemployment rate in November was 3.0%, down 0.2 percentage points from October’s rate of 3.2% and tied with the previous record-low 3.0% rate from November 2018.

  • Place of Residence Data: Wisconsin’s labor force participation rate in November was 66.4%, steady from the prior month, and 4.6 percentage points higher than the national rate of 61.8% in November. Wisconsin’s unemployment rate of 3.0% in November was 1.2 percentage points below the national unemployment rate of 4.2% for the same month.
  • Place of Work Data: Wisconsin added 12,300 private-sector jobs in the month of November while total nonfarm jobs increased by 10,200 month-over-month.

“Wisconsin’s historic employment performance for November gives us another reason to applaud the competitiveness of employers and work ethic of residents throughout the state,” said DWD Secretary-designee Amy Pechacek. “At the same time, the numbers demonstrate that Wisconsin’s economic growth depends on a skilled and ready workforce. DWD is laser-focused on efficiently delivering effective and inclusive services to meet Wisconsin’s diverse workforce needs and the current labor market offers unprecedented opportunity to connect underserved communities and underemployed individuals with family-supporting jobs.”

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News Desk
Author: News Desk