Governor Evers: Wisconsin's unemployment rate ties all time record low
This is down 0.2 percentage points from October's rate of 3.2 percent and tied with the previous record low 3 percent unemployment rate in November of 2018.
Wisconsin's total nonfarm jobs increased by 10,200 in November 2021 when compared to October 2021 while Wisconsin's private sector jobs increased by 12,300 month over month.
Industry sectors contributing to the strong job growth over the past year include manufacturing, with a year over year employment increase of 19,300 jobs; transportation, warehousing and utilities up 7,200 jobs year over year; and leisure and hospitality up 35,800 year over year.
“Today's Jobs report [December 16] illustrates the resilience of our Wisconsin employers, the productivity of our labor force, and the strength of Wisconsin's economic position moving forward,” said Governor Evers.
“Folks, this is great news and it's exactly why we're going to continue to build on our work to bolster Wisconsin's workforce and address the labor challenges our communities are facing by reducing barriers to employment and investing in long term innovative solutions to attract and retain talented, skilled workers in our state.”
Over the past year, Wisconsin has maintained a labor force participation rate among the top 10 in the nation. In recent months, the Midwest as a region also has maintained the highest labor force participation rate in the nation, meaning Wisconsin's surrounding states also face a shortage of workers.
Among the major initiatives to support innovative, statewide solutions to workforce challenges is the Workforce Innovation Grant program, with 12 projects throughout the state aimed at developing long term solutions to Wisconsin's workforce challenges.
Governor Evers directed $100 million for the Workforce Innovation Grant program announced earlier this year. The 12 projects announced this week will receive up to $59.5 million in grants through the first round of the Workforce Innovation Grant Program. ■