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| Thursday, September 2, 1999 Governor Tommy G. Thompson Secretary Linda Stewart | News Media Contact Heidi Kafura 608/264-6811 e-mail: news@dwd.state.wi.us fax: 608/266-1784 |
For more information contact:
August Cibarich, 608/266-0522
MADISON HAS LOWEST UNEMPLOYMENT RATE IN THE NATION
Of the 329 metropolitan areas in the country, Madisons June unemployment rate was the nations lowest unemployment rate before adjustment. Madisons seasonally adjusted unemployment rate was 1.4 percent in July.
Wisconsins seasonally-adjusted unemployment rate at 3.0 percent remained almost unchanged from last months record tying low of 2.9 percent according to preliminary data released by DWD.
"More people are working in Wisconsin than ever before. Thats a tribute to the resilience and work ethic of our people and the health and diversity of our economy," said Orlando Canto, Deputy Secretary of the Department of Workforce Development.
The size of the seasonally adjusted labor force increased over the month. Employment increased more than normal over the year experiencing an increase of 25,700. In addition, unemployment was down sharply over the year, showing a decline of 20,000.
The state had a 3.0 unemployment rate back in 1966. Nationally, the unemployment rate was 4.3 percent, and the states unemployment rate has been below the national average every month since January 1988.
The nonfarm payroll potion of the labor force reflected the summer shutdown of schools with the number of government jobs declining by 26,400 and the number of salary jobs declining by 25,400.
The manufacturing industry experienced a loss of 2,400 jobs in durable goods and 400 in nondurable goods after seasonal adjustment. The retail trade decline exceeded the normal seasonal drop by 2,300.
Over the year job gains at 29,500 were in line with the total employment gain of 23,500. All major industry groups contributed to the overall job gain except for manufacturing which had a job loss of 4,000 and mining with a loss of 200.
The metropolitan areas of the state experienced overwhelming job gains, with an increase in 31,600. The metropolitan areas of the state experienced job gains in construction. Most of the manufacturing job loss of 4,000 occurred in the balance or non-metropolitan portion of the state with only a net of 800 in the metropolitan area. Transportation and public utilities job increased by 3,100 in metro areas and lost 2,300 in the non-metro balance of the state. Trade gained 6,700 in metro areas and lost 3,700 in the balance of the state.
Job gains in services and finance, insurance and real estate groups were split between the metro and non-metro areas. Government gains were mostly in the metro areas.
Seasonally-adjusted unemployment rates were down 10 of the Wisconsins largest urban areas over the year, and ranged from 1.4 percent in Madison to 4.7 percent in Janesville-Beloit.
The rate for a 12th area, Duluth-Superior, declined over the month from 4.3 percent to 3.5 percent. The year-ago July rate was also 3.5 percent. Only unadjusted data is available for that area from the Minnesota Department of Economic Security and is not comparable to seasonally-adjusted rates in Wisconsin.
The complete text of the Departments announcement and supporting data, as well as other labor market information, is available to the public on the agencys Web site at http://www.dwd.state.wi.us. Select "news releases." Historical and other related labor market data is available by selecting "labor market information."
(end)
| Unadjusted estimates | July 1999 | June 1999 | July 1998 |
Total labor force | 3,029,400 | 3,022,400 | 3,026,000 |
Employed | 2,940,500 | 2,929,100 | 2,917,100 |
Unemployed | 88,900 | 93,300 | 108,900 |
Wis. Unemployment Rate | 2.9% | 3.1% | 3.6% |
U.S. Unemployment Rate | 4.5% | 4.5% | 4.7% |
| Seasonally adjusted | July 1999 | June 1999 | July 1998 |
Total labor force | 2,962,200 | 2,953,400 | 2,955,500 |
Employed | 2,874,400 | 2,868,800 | 2,848,700 |
Unemployed | 87,800 | 84,500 | 106,800 |
Wis. Unemployment | 3.0% | 2.9% | 3.6% |
U.S. Unemployment | 4.3% | 4.3% | 4.5% |
| * Metro National rank June 1999 |
| July | June | July |
11th | Wisconsin | 3.0% | 2.9% | 3.6% |
43rd | Appleton-Oshkosh | 2.3% | 2.4% | 2.7% |
78th | Eau Claire | 3.1% | 3.0% | 3.2% |
32nd | Green Bay | 2.3% | 2.2% | 2.7% |
126th | Janesville-Beloit | 4.7% | 3.1% | 10.9% |
105th | Kenosha | 3.1% | 3.1% | 4.0% |
73rd | La Crosse | 2.8% | 2.9% | 2.7% |
1st | Madison | 1.4% | 1.3% | 1.7% |
97th | Milwaukee-Waukesha | 3.1% | 2.9% | 3.5% |
211th | Racine | 4.2% | 4.3% | 4.4% |
18th | Sheboygan | 2.4% | 1.9% | 3.0% |
67th | Wausau | 3.0% | 2.9% | 3.4% |
Source: Wisconsin Department of Workforce Development
| July | June | Year | +/- | +/ |
| NONFARM WAGE & SALARY | 2754.3 | 2779.7 | 2724.8 | -25.4 | 29.5 |
| MANUFACTURING | 616.7 | 617.3 | 620.7 | -0.6 | -4.0 |
| DURABLE GOODS . | 374.3 | 378.2 | 375.1 | -3.9 | -0.8 |
| Lumber and Wood Products | 33.4 | 33.1 | 32.7 | 0.3 | 0.7 |
| Furniture and Fixtures | 17.9 | 17.6 | 17.3 | 0.3 | 0.6 |
| Stone, Clay & Glass Products | 11.5 | 11.4 | 11.5 | 0.1 | 0.0 |
| Primary Metal Industries | 25.4 | 25.4 | 25.6 | 0.0 | -0.2 |
| Fabricated Metal Products | 68.7 | 68.4 | 70.0 | 0.3 | -1.3 |
| Nonelectrical Machinery | 113.1 | 114.2 | 115.0 | -1.1 | -1.9 |
| Electrical Machinery | 45.2 | 44.8 | 46.7 | 0.4 | -1.5 |
| Transportation Equipment . | 30.5 | 34.4 | 27.1 | -3.9 | 3.4 |
| Prof., Scient. & Control Instr | 18.3 | 18.3 | 17.7 | 0.0 | 0.6 |
| Miscellaneous Manufacturing | 10.5 | 10.6 | 11.4 | -0.1 | -0.9 |
| NONDURABLE GOODS | 242.4 | 239.1 | 245.6 | 3.3 | -3.2 |
| Food and Kindred Products | 68.0 | 64.5 | 69.9 | 3.5 | -1.9 |
| Textile Mill Products | 2.6 | 2.6 | 2.9 | 0.0 | -0.3 |
| Apparel & Other Finished Products | 6.4 | 6.4 | 6.4 | 0.0 | 0.0 |
| Paper and Allied Products. | 53.2 | 53.0 | 53.9 | 0.2 | -0.7 |
| Printing, Publishing & Allied | 55.4 | 55.4 | 55.9 | 0.0 | -0.5 |
| Chemicals and Allied Products | 15.1 | 15.2 | 15.0 | -0.1 | 0.1 |
| Rubber & Misc. Plastic Products | 37.4 | 37.6 | 37.1 | -0.2 | 0.3 |
| Leather & Leather Products | 3.8 | 3.9 | 4.2 | -0.1 | -0.4 |
| All Other Nondurable Goods | 0.5 | 0.5 | 0.4 | 0.0 | 0.1 |
| MINING | 2.9 | 2.9 | 3.1 | 0.0 | -0.2 |
| CONTRACT CONSTRUCTION | 128.8 | 126.3 | 124.4 | 2.5 | 4.4 |
| TRANS, COMM, ELEC, GAS | 125.9 | 128.9 | 125.1 | -3.0 | 0.8 |
| TRADE | 620.4 | 623.6 | 617.4 | -3.2 | 3.0 |
| WHOLESALE TRADE | 141.1 | 140.7 | 138.8 | 0.4 | 2.3 |
| RETAIL TRADE | 479.2 | 482.9 | 478.6 | -3.7 | 0.6 |
| FINANCE, INSURANCE & REAL ESTATE | 150.0 | 149.1 | 145.7 | 0.9 | 4.3 |
| SERVICES AND MISCELLANEOUS | 737.1 | 732.7 | 720.7 | 4.4 | 16.4 |
| GOVERNMENT | 372.5 | 398.9 | 367.8 | -26.4 | 4.7 |
| FEDERAL | 29.7 | 29.6 | 29.6 | 0.1 | 0.1 |
| STATE | 95.0 | 95.5 | 93.0 | -0.5 | 2.0 |
| LOCAL | 247.9 | 273.8 | 245.2 | -25.9 | 2.7 |
| PERSONS INVOLVED IN L-M DISPUTES | 0.0 | 0.0 | 1.5 | 0.0 | -1.5 |
Source: Wisconsin Department of Workforce Development
Unemployment by County
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