Overall unemployment rate moved down to 5.0% with the biggest shift in Restaurants & Hotels, which gained 3,400 roles, based on the most recently available information published in September 2021.
Total employment in the Milwaukee-Waukesha-West Allis, WI market rose by 11,930 jobs in July and the unemployment rate decreased compared to the prior month by 50 bps to 5.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 66 bps below the national rate which is a positive sign.
- Unemployment in the market is 380 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 3.5% and are equal compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Education & Healthcare: 165,200; -1,600
- Transportation & Utilities: 144,700; +700
- Business Services: 125,300; +1,400
- Manufacturing: 118,000; +2,000
- Government: 74,600; -1,700
- Restaurants & Hotels: 74,300; +3,400
- Financial Services: 47,600; -200
- Other Jobs: 45,700; -100
- Construction, Mining: 32,900; no change
- IT & Development: 12,200; no change
Data is based on the most recent 12 months available, through July 2021 (Data published September 2021 and reports created on September 1, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.