Scott Walker, Governor
Raymond Allen, Secretary
Department of Workforce Development
201 E. Washington Avenue
P.O. Box 7946
Madison, WI 53707-7946
Telephone: (608) 266-3131
Fax: (608) 266-1784
FOR IMMEDIATE RELEASE
Friday, April 15, 2016
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 1st in the Midwest and Tied at 5th in the Nation for Rate of Month-over-Month Private Sector Job Growth
MADISON – Wisconsin ranked number 1 in the Midwest and tied at fifth-highest in the nation for the rate of month-over-month private sector job growth in March 2016, with the statistically significant addition of 13,100 jobs over February 2016, according to new U.S. Bureau of Labor Statistics (BLS) data. Additionally, the state's year-over-year private sector growth rate of 1.9% was second-highest in the Midwest.
The BLS data also showed Wisconsin had statistically significant increases in total non-farm jobs over the month of 11,500 and over the year of 51,200.
"Wisconsin's private sector job growth ranked highest in the Midwest and tied for fifth-highest in the nation in March," Department of Workforce Development (DWD) Secretary Ray Allen said. "Today's report by the federal government reaffirms that Wisconsin's economy is continuing to add private-sector jobs and create new opportunities for Wisconsin workers to support themselves and their families in 2016."
Highlights of today's BLS release of monthly employment and unemployment estimates for all states include:
- Wisconsin added 13,100 private sector jobs from February 2016 to March 2016. Its rate of growth ranked first in the Midwest and tied for fifth-highest in the nation.
- Wisconsin ranked first in the nation in number of manufacturing jobs created (4,200) from February 2016 to March 2016.
- Wisconsin added 5,800 manufacturing jobs from March 2015 to March 2016, ranking second-highest in the Midwest and fifth-highest in the country in number of manufacturing jobs created.
- The 1.24 percent rate of manufacturing job growth in Wisconsin ranked second-highest in the Midwest.
- Wisconsin's 6.1 percent year-over year growth rate in construction ranked third-highest in the Midwest.
- Wisconsin had statistically significant increases in total non-farm jobs over the month of 11,500 and over the year of 51,200.
Other indicators that help illustrate the state of Wisconsin’s economy include:
- Wisconsin was one of only 10 states with an annual average unemployment rate in 2015 lower than 2007, the year that the Great Recession began.
- Year 2016 initial UI claims are running at their lowest level since 1990.
- New business formations through March 2016 are up 3.7% compared to 2015.