2014 vs. 2015 March unemployment rates
Source: Wisconsin Department of
WAUKESHA - Unemployment numbers remained
largely the same over the last two months in Waukesha
County, despite a slight drop in the state rankings,
while the city of Waukesha now has one of the 10 lowest
rates among Wisconsin’s 32 largest cities.
According to a new report from the state
Department of Workforce Development, Waukesha County’s
jobless rate remained at 4.4 percent from February into
March. It now has the seventh lowest rate among
Wisconsin’s 72 counties, down from its third-place
finish in February.
Overall, the county’s unemployment rate
has fallen nearly a full point from the same time a year
ago, when it was 5.3 percent.
Meanwhile, in the city of Waukesha, the
unemployment rate dropped from 4.7 percent in February
to 4.5 in March, which means it now has the tenth lowest
rate among the state’s largest cities.
The city, which placed eleventh in last
month’s rankings, has an unemployment rate one full
point below where it stood at this time in 2014, when it
was at 5.5 percent.
A trio of other cities also saw drops in
their jobless rates over the last month: Brookfield fell
from 4 percent to 3.9 percent; Menomonee Falls decreased
from 4.2 to 4 percent; and New Berlin dropped from 4.6
percent down to 4.5 percent.
The release of the March 2015 local rates
follows last week’s release of the U.S. Bureau of Labor
Statistics’ monthly estimates, which showed Wisconsin’s
preliminary seasonally adjusted unemployment rate for
the month had dropped to 4.6 percent - its lowest point
since June 2008 and lower than the national average of
5.5 percent in March.
The state’s labor force participation
rate of 68.4 percent outpaced the national rate of 62.7
percent by 5.7 percentage points. That margin was 5.8
percentage points in February 2015. These recent margins
are the strongest they have been when compared to the
nation since 2004.