Wisconsin Employment Statistics

Tuesday, May 31st, 2022 -- 9:01 AM

At the national level, many key employment indicators in the U.S. look similar to before the COVID-19 pandemic, and robust employment growth plays a part in that.

But the impact the coronavirus had on employment can’t be overstated. Data from the U.S. Bureau of Labor Statistics shows that job losses in the spring of 2020 were comparable to those of the Great Depression.

The unemployment rate hit almost 15% at that time; however, unlike prior recessions, the rebound was swift. Over 60% of jobs lost returned a year later, and total employment today is just a percentage point lower than the pre-COVID peak.

The data used in this analysis is from the U.S. Bureau of Labor Statistics Current Employment Statistics dataset. To determine the locations with the most employment growth, researchers at Filterbuy calculated the percentage change in employment between March 2021 and March 2022. In the event of a tie, the location with the greater total change in employment since March of 2021 was ranked higher.

The analysis found that employment in Wisconsin has grown 2.1% since last year, a 1.7% decrease since the start of the pandemic. Here is a summary of the data for Wisconsin:

• Total change in employment since 2021: +60,900,
• Total change in employment since 2020: -51,200,
• Current unemployment rate: 2.8%.

For reference, here are the statistics for the entire United States:

• Percentage change in employment since 2021: +4.5%,
• Total change in employment since 2021: +6,494,000,
• Percentage change in employment since 2020: -0.1%,
• Total change in employment since 2020: -81,000,
• Current unemployment rate: 3.6%.

For more information, a detailed methodology, and complete results, you can find the original report on Filterbuy’s website: http://www.filterbuy.com/resources/cities-with-most-employment-growth.

Feel free to contact us with questions and/or comments.