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FOR IMMEDIATE RELEASE
Monday, August 18, 2014
CONTACT: DWD Communications, 608-266-2722

DWD Secretary Statement on BLS' July 2014 State-by-State Employment Report

Wisconsin's 5.8% unemployment rate year-over-year decline 'significant,' below US 6.2% rate

MADISON – Wisconsin Department of Workforce Development (DWD) Secretary Reggie Newson today released the following statement on the latest U.S. Bureau of Labor Statistics (BLS) monthly rankings of employment and unemployment estimates. The report noted Wisconsin’s year-over-year unemployment rate declined from 6.8 to 5.8 percent, a full percentage point.

In addition, the data show Wisconsin year over year gains of 36,100 private sector jobs ranked 20th highest nationally in number of jobs gained. Wisconsin ranked higher in manufacturing job growth, 5th nationally in year over year growth and growth since December 2010 in production jobs, which on average pay $10,000 more annually than all Wisconsin jobs.

"Wisconsin continues to show strong, steady growth, with significant 12-month gains in private sector jobs overall and family-supporting manufacturing jobs in particular," Secretary Newson said. "On a year-over-year basis, the monthly estimates indicate Wisconsin added 36,100 private sector jobs and 9,300 manufacturing jobs, both statistically significant. In comparing net gains over the year, our state ranks 20th in private sector job growth and 5th in manufacturing job growth."

Highlights of today's Bureau of Labor Statistics (BLS) report of state-by-state employment and unemployment estimates include:

Other indicators that help illustrate the state of Wisconsin’s economy include:

The BLS' full state-by-state estimates for June 2014 are available online.

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