According to data reported by the Department of Workforce Development (DWD), Wisconsin’s unemployment rate reached a new all-time low for the second time in just a three-month period, dropping to 2.8 percent in April from the previous low of 2.9 percent that was set in February and maintained through March.
“Our unemployment rate has dropped from 9.3 percent in 2010 to 2.8 percent today, more people are working than ever before, and household incomes are up. That’s great news for Wisconsin’s hardworking families, but we’re not done yet. Wisconsin is ready to win the 21st century.” – Governor Scott Walker
All-Time Low Unemployment
- Wisconsin's preliminary seasonally adjusted unemployment rate for April 2018 was 2.8 percent, a decline of 0.1 percent from the March rate of 2.9 percent.
- The April decline marks the 3rd straight month that Wisconsin's unemployment rate has declined or maintained levels below 3.0 percent.
More People Working Than Ever Before
- Wisconsin set a new all-time high for number of people employed in the state with 3,086,100 individuals employed, an increase of 8,100 people. The year-over-year increase of 42,700 people employed is statistically significant according to the Bureau of Labor Statistics (BLS).
- Wisconsin's labor force participation rate continued to grow in April, increasing by 0.2 percent to 68.9 percent and outpacing the national rate of 62.8 percent by more than six percentage points.
- Wisconsin has gained 11,000 total non-farm jobs and 8,800 private sector jobs over the last three months. Over the year, Wisconsin has gained 27,900 total non-farm jobs and 26,100 private sector jobs, including a statistically significant 13,700 manufacturing jobs according to BLS.
"Wisconsin's record-low unemployment rate is both great news for our economy and a reminder that we need to continue doing everything we can to keep growing the pool of available talent," Secretary Allen said. "That includes developing the skills of Wisconsinites who are currently out of work and searching, attracting out-of-state talent through innovative marketing, and helping veterans, ex-offenders and others facing employment barriers skill up and skill into good-paying jobs. At DWD, we will continue delivering our nationally recognized workforce development solutions that build on Wisconsin's economic momentum." – Ray Allen, Secretary of the Wisconsin Department of Workforce Development
*Last Updated: May 18, 2018