Overall unemployment rate moved up to 5.2% with the biggest shift in Education & Healthcare, which gained 2,100 roles, based on the most recently available information published in April 2021.
Total employment in the Milwaukee-Waukesha-West Allis, WI market rose by 5,045 jobs in February and the unemployment rate increased compared to the prior month by 20 bps to 5.2%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 135 bps below the national rate which is a positive sign.
- Unemployment in the market is 140 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February 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 grew by 0.4% . Key sectors include:
- Education & Healthcare: 165,100; +2,100
- Transportation & Utilities: 139,700; -700
- Business Services: 118,400; +2,000
- Manufacturing: 113,900; +200
- Government: 78,900; +1,600
- Restaurants & Hotels: 58,400; +500
- Financial Services: 48,300; -700
- Other Jobs: 44,400; +100
- Construction, Mining: 25,000; -1,700
- IT & Development: 12,200; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.