Overall unemployment rate moved down to 3.5% with the biggest shift in Construction, Mining, which gained 3,800 roles, based on the most recently available information published in June 2022.
Total employment in the Milwaukee-Waukesha-West Allis, WI market declined by 650 jobs in April and the unemployment rate decreased compared to the prior month by 10 bps to 3.5%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 16 bps above the national rate which is a negative sign.
- Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Education & Healthcare: 168,500; +1,600
- Transportation & Utilities: 146,100; +300
- Business Services: 120,000; no change
- Manufacturing: 113,000; -1,000
- Government: 82,200; +900
- Restaurants & Hotels: 73,100; +1,400
- Financial Services: 47,800; -800
- Other Jobs: 42,100; -300
- Construction, Mining: 34,200; +3,800
- IT & Development: 12,200; -100
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.