MADISON - The Department of
Workforce Development on Thursday released the U.S. Bureau of Labor
Statistics revisions for July and preliminary estimates for August
covering employment and job statistics for the state of Wisconsin.
In brief, the seasonally adjusted estimates show:
Place of work data: Based on
preliminary data, the state added 19,000 total non-farm jobs and
20,100 private-sector jobs from August 2016 to August 2017, with a
significant year-over-year gain of 10,200 manufacturing jobs. This
accounts for a preliminary one-month decrease of 8,800 total
non-farm and 5,200 private sector jobs from July to August 2017.
Place of residence data: A
preliminary seasonally adjusted unemployment rate of 3.4 percent in
August 2017, up slightly from 3.2 percent in July and a full
percentage point below the national unemployment rate of 4.4
percent, which increased from 4.3 percent over the month.
Wisconsin's labor force participation rate was unchanged in August
at 68.8 percent and almost six percentage points above the U.S. rate
of 62.9 percent.
Secretary Ray Allen issued the following statement: "This year we've
seen record-high employment, near-record low unemployment rates,
unemployment insurance claims running at their lowest levels in a
generation and the labor force participation rate holding steady and
outpacing the national rate. Wisconsin is a top 10 state to do
business, and we expect our state will continue to grow and attract
new businesses well into the future."