Wisconsin added 3,400 private sector jobs in May - Paycheck

Wisconsin added 3,400 private sector jobs in May

According to a new report Wisconsin added 3,400 private sector jobs in May. The state’s labor force participation rate increased to 66.1%, according to data released by the Department of Workforce Development.

The addition of nonfarm jobs means Wisconsin is 201,100 jobs ahead of where it was in May 2020, but private sector employment still trails February 2020 by 106,000 positions.

Wisconsin’s unemployment rate was unchanged at 3.9% in May. Total employment, which comes from a different survey than the private sector job data, increased 9,300 and total unemployment was unchanged.

Wisconsin’s total labor force now has around 9,300 more people than it did in February 2020. However, total unemployment is higher by nearly 18,300 and total employment is down about 8,900. In February 2020, the labor force participation rate was 66.2%.

The manufacturing sector led Wisconsin’s job gains from April to May, adding 3,500 jobs. Most of the sector’s new positions came in nondurable goods manufacturing, which added 2,600 jobs.

Other sectors with job growth strength included 1,700 new positions in health care and social assistance, 1,200 new jobs in professional, scientific and technical services and 1,200 new jobs in transportation, warehousing and utilities.

On the other hand, construction lost 2,200 positions, arts, entertainment and recreation lost 1,200 and retail trade lost 1,100.

 

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