Overall unemployment rate moved down to 1.6% with the biggest shift in Transportation & Utilities, which gained 300 roles, based on the most recently available information published in December 2021.
Total employment in the Oshkosh-Neenah, WI market rose by 363 jobs in November and the unemployment rate decreased compared to the prior month by 40 bps to 1.6%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Oshkosh-Neenah, WI unemployment rate is 229 bps below the national rate which is a positive sign.
- Unemployment in the market is 180 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 2.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Manufacturing: 22,700; +100
- Transportation & Utilities: 14,800; +300
- Business Services: 12,200; +100
- Education & Healthcare: 11,600; -100
- Government: 11,500; +100
- Restaurants & Hotels: 7,100; no change
- Construction, Mining: 6,200; -100
- Other Jobs: 5,300; +100
- Financial Services: 4,300; no change
- IT & Development: 1,500; 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.