Overall unemployment rate stayed flat at 2.2% with the biggest shift in Construction, Mining, which lost 2,300 roles, based on the most recently available information published in February 2022.
Total employment in the Milwaukee-Waukesha-West Allis, WI market declined by 3,468 jobs in December and the unemployment rate stayed flat. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 149 bps below the national rate which is a positive sign.
- Unemployment in the market is 240 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 6.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Education & Healthcare: 161,600; no change
- Transportation & Utilities: 145,100; +2,000
- Business Services: 122,800; -1,000
- Manufacturing: 120,200; +1,200
- Government: 79,500; -500
- Restaurants & Hotels: 72,500; +800
- Financial Services: 46,500; -600
- Other Jobs: 44,800; +100
- Construction, Mining: 32,200; -2,300
- IT & Development: 12,100; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.