BLS Data: Wisconsin Achieves Record High Employment
June 20, 2024
The Department of Workforce Development today released the U.S. Bureau of Labor Statistics (BLS) preliminary estimates for May 2024, which showed Wisconsin's employment hit a record high of 3,048,000 during the month. This is 6,500 more people employed than a year ago.
Preliminary employment estimates for May 2024 showed Wisconsin's seasonally adjusted unemployment rate was 2.9%, which is more than a full percentage point below the national unemployment rate of 4.0% in May. The state's labor force participation rate held steady at 65.6% in May, while the national rate fell to 62.5%.