BLS Data: Wisconsin’s Unemployment Rate in April Ties Record Low 2.8% MADISON – The Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) preliminary, seasonally adjusted employment estimates for the month of April 2022.
What is Wisconsin unemployment rate right now?
Wisconsin’s unemployment rate in May was 2.9 percent, up slightly from April’s historic low due to an increase in active participants in the labor force. Place of Work Data: Wisconsin total nonfarm jobs increased from April 2022 to May 2022 by 2,200 while private-sector jobs increased by 1,800 over the same period.
What is the state with the highest unemployment?
Employment increased year over year in 48 states and the District of Columbia, and was essentially unchanged in two states. The District of Columbia and New Mexico had the highest unemployment rate in May, at 5.7% and 5.1%, respectively. Nebraska had the lowest rate at 1.9%, followed by Minnesota and Utah at 2.0%.
Where are unemployment rates the highest?
The District of Columbia had the highest unemployment rate, 5.5 percent, followed by New Mexico, 4.9 percent.
When was Wisconsin’s lowest unemployment rate?
In February 2022, Wisconsin’s preliminary unemployment rate had dropped to 2.9%, tying its lowest level recorded. In March and April, it hit 2.8% in the state, marking a record low.
How many job openings are in Wisconsin?
Since then 63,500 jobs have been lost in Wisconsin according to the employer survey. From a trough of 2,591,600 in April 2020, Wisconsin has gained 341,800 jobs according to CES employment figures. CPS employment in Wisconsin for May 2022 is at a new high of 3,059,327.
How many people in Wisconsin are employed?
Employment by Industries
From 2018 to 2019, employment in Wisconsin grew at a rate of 0.195%, from 2.88M employees to 2.89M employees.
What state has the most job opportunities 2022?
Outside of this, about 22.5 million Americans work in government and 12.9 million work in manufacturing. In addition to the 157 million people in the American labor force, there are about 16 million people who are self-employed.
Employment Rate by State 2022.
| State | Employment Rate |
|---|---|
| Hawaii | 97.40% |
| New Hampshire | 97.40% |
| Virginia | 97.40% |
| Alabama | 97.30% |
Which state has the lowest unemployment rate in US?
South Carolina, Utah, and Vermont are tied for having the lowest unemployment rate of 2.30%.
Here are the 10 states with the highest unemployment rate:
- Alaska (4.90%)
- Pennsylvania (4.80%)
- California (4.60%)
- Illinois (4.60%)
- Delaware (4.50%)
- New York (4.50%)
- Connecticut (4.40%)
- Michigan (4.30%)
Which state has more job opportunities in USA?
Utah has the No. 1 economy in the nation, according to U.S. News’ 2021 Best States rankings. Learn more about Utah. Colorado has the second-best economy among all states, according to U.S. News’ 2021 Best States rankings.
What state has the best unemployment benefits?
The majority of U.S. states offer unemployment benefits for up to 26 weeks. Benefits range from $235 a week to $823. Policies and benefits vary by state. Mississippi has the lowest maximum unemployment benefits in the U.S. of $235 per week, while Massachusetts has the highest at $823.
What are the 5 causes of unemployment?
This occurs due to a mismatch of skills in the labour market it can be caused by:
- Occupational immobilities.
- Geographical immobilities.
- Technological change.
- Structural change in the economy.
- See: structural unemployment.
What is the real unemployment rate 2022?
June Unemployment Numbers: Stable in 38 States
| State | Jan. | April |
|---|---|---|
| California | 5.8 | 4.6 |
| Colorado | 4.1 | 3.6 |
| Connecticut | 5.3 | 4.4 |
| Delaware | 4.8 | 4.5 |
What is Wisconsin’s economy?
Economy of Wisconsin. Wisconsin’s three major economic enterprises are manufacturing, agriculture, and tourism. It ranks among the top one-fourth of all states in farm income and manufactured goods.
What is Wisconsin’s landscape like?
It contains a glacier-carved sandstone gorge called the Dells of the Wisconsin River, plus flattop hills called buttes and mesas. The eastern side of the state is named the Eastern Ridges and Lowlands, with gentle hills and some of the world’s best farmland. Sandy beaches and bluffs lie along the edge of Lake Michigan.
What is a good salary in Wisconsin?
$41,316 is the 25th percentile. Salaries below this are outliers. $91,354 is the 75th percentile. Salaries above this are outliers.
What is a good wage in Wisconsin?
Living Wage Calculation for Wisconsin
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.40 | $36.34 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $7.25 | $7.25 |
What is the average hourly wage in Wisconsin?
Hourly Rate Salary in Wisconsin
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $76,205 | $37 |
| 75th Percentile | $46,825 | $23 |
| Average | $44,947 | $22 |
| 25th Percentile | $27,085 | $13 |
What is the hardest state to get a job?
Wrapping Up
| Rank | State | Recent Job Growth |
|---|---|---|
| 1 | Kentucky | -1.49% |
| 2 | Alabama | 0.04% |
| 3 | West Virginia | -0.72% |
| 4 | Louisiana | 0.32% |
What state is easiest to find a job?
The 10 Best States To Find A Job
- Texas. Unemployment rate: 6.6 percent.
- Florida. Unemployment rate: 8.5 percent.
- New York. Unemployment rate: 8.7 percent.
- Nebraska. Unemployment rate: 3.8 percent.
- Arizona. Unemployment rate: 8.1 percent.
- South Dakota. Unemployment rate: 4.5 percent.
- Utah. Unemployment rate: 5.2 percent.
- Washington.
What is the hottest job market right now?
Here are the 10 most popular industries among job-seekers right now, according to ResumeBuilder:
- Advertising and marketing.
- Computer and information technology.
- Health care.
- Business and finance.
- Retail.
- Food and hospitality.
- Education.
- Arts and entertainment.