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Tony Evers, Governor
Amy Pechacek, Secretary-designee

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

Apr. 20, 2023
CONTACT: DWD Communications

BLS Data: Wisconsin Statewide Unemployment Rate Hits New Record Low of 2.5% in
March, State Adds 900 Jobs for Month

MADISON – The Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) preliminary employment estimates for the month of March 2023, which showed Wisconsin's seasonally adjusted unemployment rate dropped to a record low of 2.5%.

The total number of unemployed people dropped 6,400 over the month of March and 8,600 over the year to a new record low of 76,600. In addition, total seasonally adjusted nonfarm jobs increased 900 over the month of March and 41,400 year-over-year to hit a new record high of 2,997,900. The total jobs number puts the state 3,900 jobs above the pre-COVID-19 peak in January 2020.

Wisconsin's record low unemployment rate of 2.5% for March is down 0.2 percentage points from February's rate of 2.7%, which was the previous record low. The state's labor force participation rate increased by 0.1 percentage point over the month to 64.6%. Nationwide for the month of March, the U.S. unemployment rate was 3.5% with a labor force participation rate of 62.6%.

"Wisconsin's historic economic performance – with a record-low unemployment rate and record-low number of people unemployed – demands that we continue efforts to remove employment barriers, invest in innovative solutions, and prepare our workforce for the green jobs of the future," said DWD Secretary-designee Amy Pechacek. "Through Gov. Tony Evers' unprecedented investment in the Workforce Solutions Initiative, Wisconsin residents are connecting with new jobs, new skills, and expanded career opportunities. Yet to attract and retain the additional talent our employers need, we need to further tap underutilized talent pools and adopt competitive approaches like paid family and medical leave."

Today's full report can be viewed on DWD's premier source for labor market information,

View Wisconsin Labor Force Summary


Wisconsin's Department of Workforce Development efficiently delivers effective and inclusive services to meet Wisconsin's diverse workforce needs now and for the future. The department advocates for and invests in the protection and economic advancement of all Wisconsin workers, employers and job seekers through six divisions – Employment and Training, Vocational Rehabilitation, Unemployment Insurance, Equal Rights, Worker's Compensation and Administrative Services. To keep up with DWD announcements and information, sign up for news releases and follow us on Facebook, Twitter, LinkedIn and Instagram.