Overall unemployment rate moved up to 2.6% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in April 2022.
Total employment in the Oshkosh-Neenah, WI market rose by 224 jobs in February and the unemployment rate increased compared to the prior month by 10 bps to 2.6%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Oshkosh-Neenah, WI unemployment rate is 154 bps below the national rate which is a positive 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 February versus prior month by 3.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Manufacturing: 21,600; +100
- Transportation & Utilities: 14,600; -200
- Business Services: 11,700; no change
- Government: 11,700; +500
- Education & Healthcare: 11,300; +100
- Restaurants & Hotels: 6,800; +100
- Construction, Mining: 5,500; no change
- Other Jobs: 5,000; +100
- Financial Services: 4,300; no change
- IT & Development: 1,700; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.