BLS Data: Wisconsin Employment Breaks Fourth Consecutive Monthly Record; Jobs Also Reach New Record High
September 19, 2024
The Wisconsin Department of Workforce Development (DWD) today announced new record highs for jobs and employment during August 2024, according to preliminary estimates from the U.S. Bureau of Labor Statistics. This is the fourth consecutive monthly record for state employment, highlighting the unprecedented number of workers participating in Wisconsin's economy. During the same time, the number of nonfarm jobs reached a new all-time high.
Preliminary employment estimates for August 2024 showed Wisconsin's seasonally adjusted unemployment rate was 2.9%, which is 1.3 percentage points below the national unemployment rate of 4.2%. The state's labor force participation rate held steady at 65.5% in August while the national rate stayed at 62.7%.