Overall unemployment rate moved down to 2.5% 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 Oshkosh-Neenah, WI market declined by 384 jobs in April and the unemployment rate decreased compared to the prior month by 20 bps to 2.5%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Oshkosh-Neenah, WI unemployment rate is 84 bps below the national rate which is a positive 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 April versus prior month by 3.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Manufacturing: 21,400; no change
- Transportation & Utilities: 14,800; +200
- Business Services: 11,800; no change
- Government: 11,700; no change
- Education & Healthcare: 11,400; +100
- Restaurants & Hotels: 6,900; +100
- Construction, Mining: 5,700; +100
- Other Jobs: 5,000; no change
- Financial Services: 4,300; no change
- IT & Development: 1,600; -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.