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Scott Walker, Governor
Reginald J. Newson, Secretary

Department of Workforce Development
Secretary's Office

201 E. Washington Avenue
P.O. Box 7946
Madison, WI 53707-7946
Telephone: (608) 266-3131
Fax: (608) 266-1784
Email: sec@dwd.wisconsin.gov

FOR IMMEDIATE RELEASE
Tuesday, March 17, 2015
CONTACT: DWD Communications, 608-266-2722
On the Web: http://dwd.wisconsin.gov/dwd/news.htm
On Facebook: http://www.facebook.com/WIWorkforce
On Twitter: @WIWorkforce

BLS Data: Wisconsin's 12-Month Unemployment Rate Decline by a Full Point to 5.0% is Considered 'Significant' in January 2015 State-By-State Report

State's rate, lowest since August 2008, also significantly below national rate of 5.7%

MADISON – The year-over-year decline in Wisconsin's unemployment rate by a full point to 5.0 percent is statistically significant, and the state's gain of 11,600 manufacturing jobs over the year was eighth best in the country and its rate of growth 12th highest, according to today's release of U.S. Bureau of Labor Statistics (BLS) state-by-state employment and unemployment estimates.

Other statistically significant data points include the difference between the state's 5.0% unemployment rate and compared to the national rate of 5.7%, and the state's creation of 43,300 total jobs over the year. In addition, the state's addition of 9,300 construction jobs over the year was eight best in the country and its rate of growth 11th best.

"Wisconsin's unemployment rate is the lowest it has been in over seven years and is well below the national rate as our state moves forward under the leadership of Governor Walker," Department of Workforce Development (DWD) Secretary Reggie Newson said. "These are the kinds of indicators that build confidence, both among employers to expand and add jobs and among job seekers to redouble efforts to find new, good-paying careers."

Highlights of today's BLS release of monthly employment and unemployment estimates for all states include:

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

The BLS' full state-by-state estimates for January 2015 are available online.

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