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BLS Data: Wisconsin Adds 4,100 Nonfarm Jobs in January, Statewide Unemployment Rate Falls to 2.9%
News, State
The Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) preliminary employment estimates for the month of January 2023, which showed Wisconsin added 4,100 nonfarm jobs over the month and 55,800 jobs over the year.
The data also showed that Wisconsin's unemployment rate fell to 2.9% for January, down 0.1 percentage point from the revised 3% in December 2022. The state's labor force participation rate for January was 64.5%. Nationwide for the month of January, the unemployment rate was 3.4% with a labor force participation rate of 62.4%.
Read the complete article from Department of Workforce Development here.
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