Overall unemployment rate stayed flat at 3.6% with the biggest shift in Transportation & Utilities, which gained 200 roles, based on the most recently available information published in June 2022.

Total employment in the Janesville-Beloit, WI market rose by 100 jobs in May and the unemployment rate stayed flat. The national unemployment rate increased by 4 bps over the same time to 3.4%.

  • Janesville-Beloit, WI unemployment rate is 22 bps above the national rate which is a negative sign.
  • Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in May versus prior month by 10.3% 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 May 2022

For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:

  • Transportation & Utilities: 16,500; +200
  • Manufacturing: 10,800; no change
  • Education & Healthcare: 10,500; no change
  • Government: 8,600; +100
  • Restaurants & Hotels: 7,100; +200
  • Business Services: 6,200; no change
  • Construction, Mining: 3,500; +100
  • Other Jobs: 3,200; no change
  • Financial Services: 1,800; no change
  • IT & Development: 900; no change
Janesville-Beloit, WI Unemployment by Industry May 2022

Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.