Overall unemployment rate moved up to 3.2% with the biggest shift in Government, which lost 800 roles, based on the most recently available information published in August 2022.
Total employment in the Oshkosh-Neenah, WI market declined by 368 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 3.2%. The national unemployment rate increased by 46 bps over the same time to 3.8%.
- Oshkosh-Neenah, WI unemployment rate is 64 bps below the national rate which is a positive sign.
- Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 4.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.4%. Key sectors include:
- Manufacturing: 21,700; +200
- Transportation & Utilities: 14,600; -100
- Business Services: 12,000; +100
- Education & Healthcare: 11,300; no change
- Government: 10,900; -800
- Restaurants & Hotels: 7,100; no change
- Construction, Mining: 5,900; +100
- Other Jobs: 5,100; +100
- Financial Services: 4,300; no change
- IT & Development: 1,700; no change
Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.