Overall unemployment rate moved down to 3.9% with the biggest shift in Construction, Mining, which gained 200 roles, based on the most recently available information published in April 2021.
Total employment in the Oshkosh-Neenah, WI market rose by 679 jobs in March and the unemployment rate decreased compared to the prior month by 10 bps to 3.9%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Oshkosh-Neenah, WI unemployment rate is 228 bps below the national rate which is a positive sign.
- Unemployment in the market is 90 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) declined in March versus prior month by -2.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Manufacturing: 22,200; +200
- Transportation & Utilities: 14,500; +100
- Business Services: 12,200; +100
- Education & Healthcare: 11,600; +100
- Government: 11,400; +100
- Restaurants & Hotels: 6,000; +100
- Construction, Mining: 5,400; +200
- Other Jobs: 5,100; +100
- Financial Services: 4,300; no change
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.