Overall unemployment rate moved down to 2.2% with the biggest shift in Transportation & Utilities, which gained 600 roles, based on the most recently available information published in December 2021.
Total employment in the Milwaukee-Waukesha-West Allis, WI market rose by 1,985 jobs in November and the unemployment rate decreased compared to the prior month by 60 bps to 2.2%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 169 bps below the national rate which is a positive sign.
- Unemployment in the market is 280 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 8.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Education & Healthcare: 162,200; +100
- Transportation & Utilities: 142,800; +600
- Business Services: 123,700; -400
- Manufacturing: 119,000; +200
- Government: 80,000; +200
- Restaurants & Hotels: 71,800; no change
- Financial Services: 47,700; +400
- Other Jobs: 44,700; -100
- Construction, Mining: 34,500; +300
- IT & Development: 12,100; no change
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.