Wisconsin added 300 jobs in November. All of the increase was in government; private employment lost 2,100 jobs.
The three-month change in private employment, which eliminates some of the noise from the monthly estimates, shows an increase of 2,500.
Over the past year, Wisconsin employment has increased by 23,400, a 0.8% increase. Private employment has increased by 13,800 and government by 9,600.
Private sectors seeing increases since November 2023 include education and healthcare (+6,400), trade, transportation, and utilities (+6,300), and construction (+4,100).
Sectors shedding jobs include financial activities (-2,800) and professional and business services (-2,200).
Wisconsin’s unemployment rate remained at 2.9% in November, versus 4.2% at the national level. The labor force participation rate 65.8% in Wisconsin versus 62.5% for the U.S.
Wisconsin personal income increased 3.7% on a seasonally adjusted annual rate (SAAR) in the third quarter of 2024.
This growth outpaced the U.S., at 3.2%, and the Great Lakes region, at 2.8%. The Great Lakes region includes Illinois, Indiana, Michigan, Ohio, and Wisconsin.
Wisconsin had the fastest growth in the region and the 12th-fastest in the nation