Overall unemployment rate moved down to 3.4% with the biggest shift in Restaurants & Hotels, which gained 400 roles, based on the most recently available information published in June 2021.
Total employment in the Oshkosh-Neenah, WI market rose by 1,474 jobs in May and the unemployment rate decreased compared to the prior month by 10 bps to 3.4%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Oshkosh-Neenah, WI unemployment rate is 210 bps below the national rate which is a positive sign.
- Unemployment in the market is 630 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -2.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.4% . Key sectors include:
- Manufacturing: 22,400; +300
- Transportation & Utilities: 14,300; -100
- Business Services: 12,200; +100
- Education & Healthcare: 11,500; no change
- Government: 11,400; +100
- Restaurants & Hotels: 6,600; +400
- Construction, Mining: 5,800; +300
- Other Jobs: 5,200; +100
- Financial Services: 4,400; +100
- IT & Development: 1,500; no change
Data is based on the most recent 12 months available, through May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.