Unemployment rates released, City of Racine still ranked highest in State

Unemployment-USAApril 20th-The Department of Workforce Development (DWD) today released the U.S. Bureau of Labor Statistics (BLS) estimates of unemployment and employment statistics for metro areas, major cities and counties in Wisconsin. The estimates include updates for February 2016 and the preliminary estimates for March 2016. In brief, the not-seasonally adjusted estimates showed:

  • Metropolitan Statistical Areas: Preliminary March 2016 unemployment rates decreased in all 12
    metro areas compared to February 2016 and in 11 of the 12 compared to March 2015. The largest
    12-month decline was 0.8 percent in Janesville-Beloit. The latest rates ranged from 3.6 percent in
    metro Madison to 6.1 percent in metro Racine.
  • Municipalities: Preliminary March 2016 rates decreased or remained the same in all of the state’s 32
    largest municipalities compared to February 2016 and in 27 of the 32 compared to March 2015. The
    latest rates ranged from 3.2 percent in Madison to 7.2 percent in Racine.
  • Counties: Preliminary March 2016 rates decreased in 71 of Wisconsin’s 72 counties compared to
    rates in February 2016 and decreased or remained the same in 56 of the 72 compared to March

Department of Workforce Development stated that City of Racine still ranks #1 highest in unemployment for the State of Wisconsin.

Local unemployment rates were

  • City of Racine March 2016 7.2%; March 2015 7.7%
  • Caledonia ?March 2016- 5.3 5; March 2015 5.2 5.
  • Mount Pleasant ?March 2016 4.9 %, ?March 2015 5.5%.

*Unemployment rates?do not account for jobless people who are not looking for work. And they?do not reflect underemployment: people who work part-time but want full-time jobs.

 

For more information please visit WISCONSIN LOCAL EMPLOYMENT & UNEMPLOYMENT ESTIMATES RELEASED