Wisconsin Department of Workforce Development Releases U.S. Bureau of Labor Statistics Job Totals for January 2024

Friday, March 8th, 2024 -- 11:00 AM

-The Department of Workforce Development (DWD) released the U.S. Bureau of Labor Statistics (BLS) job totals for January 2024, which showed Wisconsin's total nonfarm jobs, private jobs, and employment all hit new all-time highs.

The state added 5,100 nonfarm jobs and 4,700 private jobs, bringing both totals to historic highs, 3,026,900 and 2,621,000 respectively. The state also made gains in employment, increasing by 2,900 over the month and 29,300 over the year to a record 3,047,500.

Wisconsin's seasonally adjusted unemployment rate was 3.2% in January, while the state's total labor force participation rate remained at 65.9%. Nationwide for the month of January, the U.S. unemployment rate remained at 3.7%, 0.5 percentage points above Wisconsin's rate.

The national labor force participation rate of 62.5% was 3.4 percentage points below the state rate. Place of Residence Data: Wisconsin's unemployment rate was 3.2% in January.

The number of unemployed people decreased 5,200 over the month and increased 18,200 over the year to 100,400. The labor force decreased by 2,300 workers over the month for a total labor force of 3,147,900.

The number of people employed increased by 2,900 over the month for a total of 3,047,500 employed. Place of Work Data: Total jobs increased by 25,200 over the year and increased 5,100 over the month to 3,026,900 total jobs in January.

Private sector jobs increased by 17,000 over the year and increased by 4,700 over the month to 2,621,000. Construction jobs grew by 1,900 over the month to a record high 140,000 jobs.

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