Overall unemployment rate moved up to 3.9% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in April 2021.
Total employment in the Oshkosh-Neenah, WI market rose by 250 jobs in February and the unemployment rate increased compared to the prior month by 20 bps to 3.9%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Oshkosh-Neenah, WI unemployment rate is 265 bps below the national rate which is a positive sign.
- Unemployment in the market is 70 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in February versus prior month by -0.6% and are down 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:
- Manufacturing: 22,000; no change
- Transportation & Utilities: 14,400; -200
- Business Services: 12,100; -100
- Education & Healthcare: 11,500; no change
- Government: 11,300; +400
- Restaurants & Hotels: 5,900; +300
- Construction, Mining: 5,300; no change
- Other Jobs: 5,000; no change
- Financial Services: 4,400; +100
- IT & Development: 1,500; 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.