The lowest registered unemployment has been reported statewide for a second month, the preliminary data from the U.S. Bureau of Labor Statistics released today by the Wisconsin Department of Workforce Development has showed. In March unemployment has been reported at 2,9% which is exactly as in February.
8,900 private sector jobs has been added. Among those added are 2,100 manufacturing jobs, 2,300 construction jobs, and 2,800 professional and services jobs, the report shows. Meanwhile 2,100 government jobs has been lost.
Ray Allen, DWD secretary has commented:
Wisconsin’s working families, employees and communities are benefiting as Wisconsin’s labor market economy sets new records across numerous measurements. Our unemployment rate remains at a record low of 2.9 percent, the number of people employed is at a record high and our civilian labor force is larger than ever before in our state’s history. Under Governor (Scott) Walker’s leadership, Wisconsin’s strong alignment between workforce, education and economic development partners will enable Wisconsin to attract, train and retain even more workers through an all-hands-on-deck approach that draws talent from outside the state and helps those already here skill up and skill in to good-paying opportunities.
Current unemployment level is lowest since the data collection begins in 1976.