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, November 18, 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 Ranks Sixth-Highest in the Nation in Rate of Total Non-Farm Job Growth Over Month
Rate of manufacturing job growth over the month also ranks in the top 10, with number of manufacturing jobs added ranking No. 3 in the country
MADISON – Department of Workforce Development (DWD) Secretary Ray Allen released the following statement following today's U.S Bureau of Labor Statistics (BLS) release showing Wisconsin had the nation's sixth-highest rate of growth in total non-farm jobs during the month of October. The state's number of total nonfarm jobs added ranked fifth highest:
"In addition to Wisconsin adding a statistically significant 10,400 total non-farm jobs in October – ranking as the nation's sixth-highest rate of growth over the month and fifth highest in number of jobs added – we also added a statistically significant 28,400 total non-farm jobs over the year," Secretary Allen said. "Combined with our 15-year low unemployment rate of 4.1 percent and the number of employed Wisconsinites growing by 46,000 over the year, multiple indicators show Wisconsin is working, employers are hiring and our economy is strong."
Highlights of Friday's BLS release of state-by-state employment and unemployment data for October 2016 include:
- Wisconsin ranked 5th in the nation for number of total non-farm jobs added and 6th highest in the nation for rate of total non-farm job growth.
- The state's addition of 2,400 manufacturing jobs over the month ranked 3rd highest in number of jobs gained and 10th highest in rate of growth.
- Wisconsin's unemployment rate of 4.1 percent is significantly lower than the national rate of 4.9 percent.
- Wisconsin's addition of 28,400 total non-farm jobs over the year is statistically significant.
Other indicators of Wisconsin's strong economy include:
- Year 2016 initial UI claims are running at their lowest levels since 1989.
- Continuing unemployment claims in Wisconsin are running the lowest in at least the past 30 years.
- Wisconsin's labor force participation rate outpaces the national rate by 5.6 percentage points.
- According to the most recent Quarterly Census of Employment and Wages data, Wisconsin's total private sector wages grew by 4.4 percent from June 2015 to June 2016.