Overall unemployment rate moved down to 4.1% with the biggest shift in Transportation & Utilities, which lost 4,200 roles, based on the most recently available information published in November 2021.
Total employment in the Milwaukee-Waukesha-West Allis, WI market declined by 1,595 jobs in September and the unemployment rate decreased compared to the prior month by 80 bps to 4.1%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 46 bps below the national rate which is a positive sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 5.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.8%. Key sectors include:
- Education & Healthcare: 161,300; -1,400
- Transportation & Utilities: 140,500; -4,200
- Business Services: 124,100; +700
- Manufacturing: 118,500; -100
- Government: 75,900; +3,400
- Restaurants & Hotels: 71,100; -2,900
- Financial Services: 47,000; -500
- Other Jobs: 44,900; -600
- Construction, Mining: 32,900; -700
- IT & Development: 12,000; -200
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.