Contact: Austin Altenburg
[Madison, Wis.] – Under Gov. Walker’s leadership, Wisconsin’s comeback is showing no signs of letting up – his reforms already have Wisconsin working, and he is continuing to move the state forward.
Gov. Walker’s record-setting start to 2018 continued last month with the unemployment rate remaining at an all-time low of 2.9% and 8,900 jobs being added in the private sector. This tops off a week in which Gov. Walker signed more tax cuts into law – a $100-per-child tax rebate and five-day sales tax holiday – to help hard-working families prepare for the upcoming school year.
Read more from the BizTimes here or find excerpts below:
Wisconsin added 8,900 private sector jobs in March
By Molly Dill
Wisconsin added 8,900 private sector jobs in March, according to seasonally adjusted preliminary data from the U.S. Bureau of Labor Statistics released today by the Wisconsin Department of Workforce Development.
The unemployment rate held steady at a record low 2.9 percent. When it dipped below 3 percent in February, it was the first time the state’s seasonally adjusted jobless rate had done so since data collection began in 1976. Wisconsin’s unemployment rate is well below the national rate of 4.1 percent.
The state’s labor force participation rate also increased by 0.1 percent in March, and the civilian labor force grew to 3.2 million.
The state added 2,300 construction jobs, 2,100 manufacturing jobs and 2,800 professional and business services jobs in March, according to the preliminary data.
The previously reported job data from February, which showed the state had lost 300 private sector jobs that month, was revised upward dramatically—the state actually gained 3,700 private sector jobs in February, according to the revised data. …