Overall unemployment rate moved down to 3.9% with the biggest shift in Government, which lost 2,500 roles, based on the most recently available information published in August 2022.
Total employment in the Milwaukee-Waukesha-West Allis, WI market rose by 3,598 jobs in July and the unemployment rate decreased compared to the prior month by 10 bps to 3.9%. The national unemployment rate decreased by 5 bps over the same time to 3.8%.
- Milwaukee-Waukesha-West Allis, WI unemployment rate is 12 bps above the national rate which is a negative sign.
- Unemployment in the market is 90 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in July versus prior month by 5.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.1% . Key sectors include:
- Education & Healthcare: 166,200; no change
- Transportation & Utilities: 150,200; +500
- Business Services: 124,400; -700
- Manufacturing: 114,100; +800
- Restaurants & Hotels: 81,400; +1,900
- Government: 75,100; -2,500
- Financial Services: 47,300; -600
- Other Jobs: 43,100; +400
- Construction, Mining: 38,400; +800
- IT & Development: 12,500; +100
Data is based on the most recent 12 months available, through July 2022 (Data published August 2022 and reports created on September 2, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.