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Tony Evers, Governor
Amy Pechacek, Secretary-designee
Department of Workforce Development
201 E. Washington Avenue
P.O. Box 7946
Madison, WI 53707-7946
CommunicationsOffice@dwd.wisconsin.gov Telephone: (608) 266-3131
Fax: (608) 266-1784
MADISON – The Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) preliminary employment estimates for the month of May 2023, which showed Wisconsin's seasonally adjusted unemployment rate stayed at the record-low rate of 2.4%.
The total labor force grew by 14,400 and employment increased by 14,100 over the month of May. Additionally, the state's total labor force participation rate grew to 65.1% during that time. Total seasonally adjusted nonfarm jobs decreased by 6,400 over the month and increased by 41,200 year-over-year. Private-sector jobs decreased by 7,000 in May and increased by 29,900 over the year.
Nationwide for the month of May, the U.S. unemployment rate was 3.7%, 1.3 percentage points above Wisconsin's rate, and the national labor force participation rate of 62.6% was 2.5 percentage points below the state rate.
"Wisconsin's labor force grew by 14,400 workers over the month and helped our state's labor force participation rate grow, even as the national labor force participation rate was unchanged in May," DWD Secretary-designee Amy Pechacek said. "In Wisconsin, workers are returning to the workforce encouraged by the opportunities that are available, and at the DWD we will continue doing everything we can to equip career seekers with in-demand skills and help remove employment barriers so our state's workforce and economy can thrive."
Today's full report can be viewed on DWD's premier source for labor market information, WisConomy.com.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.