Overall unemployment rate moved down to 2.1% with the biggest shift in Financial Services, which lost 100 roles, based on the most recently available information published in May 2023.
Total employment in the La Crosse-Onalaska, WI-MN market rose by 497 jobs in March and the unemployment rate decreased compared to the prior month by 40 bps to 2.1%. The national unemployment rate decreased by 27 bps over the same time to 3.6%.
- La Crosse-Onalaska, WI-MN unemployment rate is 152 bps below the national rate which is a positive sign.
- Unemployment in the market is 60 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 2.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Education & Healthcare: 17,200; no change
- Transportation & Utilities: 15,900; no change
- Government: 10,300; -100
- Manufacturing: 9,100; no change
- Restaurants & Hotels: 7,500; +100
- Business Services: 5,900; no change
- Other Jobs: 4,600; no change
- Financial Services: 4,600; -100
- Construction, Mining: 3,100; no change
- IT & Development: 700; no change
Data is based on the most recent 12 months available, through March 2023 (Data published May 2023 and reports created on May 9,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.