October Marked Sixth Consecutive Month Of Record High Employment In Wisconsin

(Wisconsin) Governor Tony Evers, together with the Wisconsin Department of Workforce Development (DWD), announced Thursday that Wisconsin achieved a new record high for employment during October 2024.

The new record for total employment, released Thursday by the DWD, breaks the record previously set in September. Preliminary employment estimates for October showed Wisconsinโ€™s seasonally adjust unemployment rate remained at 2.9 percent, 1.2 percentage points below the national unemployment rate. The stateโ€™s labor force participation rate increased to 65.7 percent in October, while the national rate fell to 62.6 percent. The number of people employed increased by 8,500 over the month and 23,900 over the year, to a record-high 3,068,000 employed.ย 

More information about the data used in the press release can be found HERE

The full press release can be found HERE