|Contact: Tom Evenson, (608) 266-2839|
Second-Lowest Rate on Record for Wisconsin
|MADISON – Wisconsin’s unemployment rate fell to 3.1 percent in May, down from 3.2 percent in April, the Department of Workforce Development (DWD) announced today. This is the second-lowest unemployment rate on record for Wisconsin, with the lowest being 3.0 percent set from May – July 1999.
“We declared Wisconsin ‘Open for Business’ when we took office in 2011, and our unemployment rate has dropped 5 whole percentage points from 8.1 percent when we took office to 3.1 percent today, and we have the highest number of people working in state history,” Governor Walker said. “This is great news for Wisconsin families and workers, but we are not done yet. We will continue to pursue bold, conservative reforms to keep Wisconsin moving forward.”
Place of residence data: A preliminary seasonally adjusted unemployment rate of 3.1 percent in May 2017, down 0.1 percent from April and at its lowest rate since October 1999. The rate remains lower than the national unemployment rate, which was 4.3 percent in May 2017.
Place of work data: Based on preliminary data, the state added a significant 40,400 total non-farm jobs and a significant 30,700 private-sector jobs from May 2016 to May 2017, with April-to-May 2017 changes within the margin of error for total nonfarm, private, manufacturing and government jobs.