State added 3,600 private sector jobs in June

Unemployment rate holds steady at 3.1%

Organizations:

Wisconsin added 3,600 private sector jobs in June and the state’s seasonally adjusted unemployment rate held steady at 3.1 percent, the lowest since October of 1999, according to the latest U.S. Bureau of Labor Statistics data released by the state Department of Workforce Development.

However, private sector job losses in the state in May were higher than originally estimated, the report said. The state lost 2,600 private sector jobs in May, up from the original estimate of 1,700.

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The state has posted healthy private sector job growth so far in 2017. For the first half of the year the state has added 26,500 private sector jobs.

“Wisconsin is moving along a path of economic growth, demonstrated by record levels of employment, an increasing labor force participation rate, the lowest unemployment rate in 17 years and significant year-over-year job gains,” said DWD Secretary Ray Allen.

Read more economic data reports at the BizTracker page.

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