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WI Unemployment Rate at 6.7% in August

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WI Unemployment Rate at 6.7% in August Empty WI Unemployment Rate at 6.7% in August

Post by kasallan on Sun Sep 29, 2013 12:21 pm

The (preliminary) WI unemployment rate fell to 6.7% in August 2013 (down 0.1% from the prior month of July).  The good news is that this is the lowest rate for 2013 - the bad news is that there are still over 205,000 (est.) unemployed in the state and the total WI workforce and number of employed also fell during the month.  It is, however, still 0.6% lower than the national average of 7.3%.

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WI Unemployment Rate at 6.7% in August Empty Re: WI Unemployment Rate at 6.7% in August

Post by jmainframe on Mon Sep 30, 2013 12:15 pm

Yeah, the disturbing news is that WI's job market continues to shrink, and the number of discouraged workers remains high. If WI had the number of jobs it did prior to the economic collapse, it's unemployment rate would probably be half of what it is now.

If WI has had a net increase in jobs lately, then the state is on the right path.
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