Wisconsin unemployment rate dropped in July - Paycheck

Wisconsin unemployment rate dropped in July

Wisconsin's unemployment rate fell to just 7 percent in July. This is a drop from 8.6 percent in June. Nationwide, the unemployment rate for July was 10.2%. That's a small improvement from June and better than our high of 14.7% in April.

There were still about 14,600 unemployment applications last week. The key to this number is that weekly unemployment applications are seen as a more current indicator of the health of the economy than the unemployment rate because unemployment rate is released at the end of the month. So, unemployment applications can be a valuable “real-time” indicator and status update for our job situation.

However, the health of local economies across the state remains mixed. Many counties continue to see high levels of unemployment. Menominee County had the highest unemployment rate in the state at 20 percent, followed by Forest County at 18.5 percent and Iron County at 14.2 percent.

Let’s keep the momentum going and get this show back on the road!



While you're here check out our recent Presidential Election update

You can also read about the new "Coolest Thing Made in Wisconsin" contest!

Also, be sure to connect with us on social media and share your story about how #WeBounceBack together post-Coronavirus!

Related Articles

A Vaccine for the Return to Normal Life

October 27, 2020

It has generally been understood that the development of a safe and effective vaccine will let us put 2020 behind us.

Read more

The State of the Second Stimulus Check

October 27, 2020

The state of the second stimulus check hangs in the balance as Senate Majority Leader Mitch McConnell adjourned the Senate Oct. 26 until Nov. 9

Read more

Farmers stressed as virus outbreak drags on

October 27, 2020

Farmers are looking to the future for hope, better prices and fewer sources of stress.

Read more
Category Sidebar

Thanks for signing the pledge! Click here to share this on Facebook.