Overall unemployment rate moved up to 4.1% with the biggest shift in Manufacturing, which lost 100 roles, based on the most recently available information published in April 2022.

Total employment in the Janesville-Beloit, WI market declined by 113 jobs in March and the unemployment rate increased compared to the prior month by 10 bps to 4.1%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.

  • Janesville-Beloit, WI unemployment rate is 35 bps above the national rate which is a negative sign.
  • Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in March versus prior month by 5.7% and are down compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Janesville-Beloit, WI Unemployment March 2022

For key employment segments of the market, total jobs stayed flat. Key sectors include:

  • Transportation & Utilities: 16,300; no change
  • Manufacturing: 10,700; -100
  • Education & Healthcare: 10,400; -100
  • Government: 8,600; no change
  • Restaurants & Hotels: 6,800; +100
  • Business Services: 6,200; no change
  • Construction, Mining: 3,300; no change
  • Other Jobs: 3,200; +100
  • Financial Services: 1,800; no change
  • IT & Development: 900; no change
Janesville-Beloit, WI Unemployment by Industry March 2022

Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.