The detailed July employment numbers have been published for the State of Wisconsin. In July the unemployment rate rose 0.3% to the highest rate for the year so far. This increase is the fourth straight for Wisconsin and is also the highest rate since back to October 2011. It's also the largest single monthly rate increase since a 0.4% increase in April 2009. The real impact of these statistics is that there are approximately 8,000 more unemployed people in Wisconsin in July. Also, there are around 15,000 fewer individuals employed in Wisconsin. Nonetheless, Wisconsin's July rate is still lower than the 8.3% national average.
Even with the big rise in July, the current rate is still lower than the July 2011 rate of 7.6%. Year-over- year, there are approximately 9,400 fewer unemployed people in WI. Also, during the past year the total labor force has gone up by roughly 9,800 and the number of people employed in the state has gone up by 19,000. Taken together these numbers result in a 0.3% decrease in the unemployment rate in WI.
Another story unfolds when we review the unemployment rates for Wisconsin's cities. In July, nearly all of the metro areas reported on by the Department of Labor experienced improvements in their unemployment rates. The City of Madison went from 5.6% to 5.4%. The City of Appleton's rate fell for the month from 6.8% to 6.6%. The Eau Claire Area also fell to 6.9% in July from 7.0% in June. Green Bay was also lower, going from 7.0% to 6.8%, as was the City of Janesville, dropping 0.5% to 8.9%. The Milwaukee Metro Area fell to 8.2% from 8.4%. Racine's rate remained flat for the month of July at 8.2%.
Another method of reviewing employment numbers for the state is to look at the metrics by business sector. For Wisconsin, Manufacturing, Information, and Other Services also had employment gains for the month of July. The business sectors of Education & Health Services, Leisure & Hospitality, Government, Construction, and Trade Transportation and Utilities all saw employment decreases for the month.
Most of the other state in the Midwest also had their unemployment rates go up in July. States in the area with higher rates than Wisconsin include Illinois (8.9%), Indiana (8.2%), and Michigan (9.0%). Neighboring states with a lower rate were Minnesota (5.8%) and Iowa (5.3%).
In about a month the U.S. Department of Labor will release the August 2012 employment statistics for WI. Please check back when we'll review the data for the state it's cities, and business sectors. As always, note that previously released employment numbers can be altered at a later date.
Even with the big rise in July, the current rate is still lower than the July 2011 rate of 7.6%. Year-over- year, there are approximately 9,400 fewer unemployed people in WI. Also, during the past year the total labor force has gone up by roughly 9,800 and the number of people employed in the state has gone up by 19,000. Taken together these numbers result in a 0.3% decrease in the unemployment rate in WI.
Another story unfolds when we review the unemployment rates for Wisconsin's cities. In July, nearly all of the metro areas reported on by the Department of Labor experienced improvements in their unemployment rates. The City of Madison went from 5.6% to 5.4%. The City of Appleton's rate fell for the month from 6.8% to 6.6%. The Eau Claire Area also fell to 6.9% in July from 7.0% in June. Green Bay was also lower, going from 7.0% to 6.8%, as was the City of Janesville, dropping 0.5% to 8.9%. The Milwaukee Metro Area fell to 8.2% from 8.4%. Racine's rate remained flat for the month of July at 8.2%.
Another method of reviewing employment numbers for the state is to look at the metrics by business sector. For Wisconsin, Manufacturing, Information, and Other Services also had employment gains for the month of July. The business sectors of Education & Health Services, Leisure & Hospitality, Government, Construction, and Trade Transportation and Utilities all saw employment decreases for the month.
Most of the other state in the Midwest also had their unemployment rates go up in July. States in the area with higher rates than Wisconsin include Illinois (8.9%), Indiana (8.2%), and Michigan (9.0%). Neighboring states with a lower rate were Minnesota (5.8%) and Iowa (5.3%).
In about a month the U.S. Department of Labor will release the August 2012 employment statistics for WI. Please check back when we'll review the data for the state it's cities, and business sectors. As always, note that previously released employment numbers can be altered at a later date.
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If you're looking for work in the State of Wisconsin and need information, please check out the WI Unemployment Headquarters.
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