The Wisconsin economy added 15,100 private sector jobs in October, the best month of job growth of the year for the state, according to data from the U.S. Bureau of Labor Statistics. It was the best one-month private sector job gain for the state in 23 years, according to the state Department of Workforce Development.
The state also added 1,000 government jobs in October. Wisconsin’s seasonally-adjusted unemployment rate held steady at 4.3 percent in October.
“With the largest one-month gain in private-sector jobs since 1992, Wisconsin employers are creating more opportunities for thousands of current and new workers to support themselves and their families,” said DWD Secretary Reggie Newson. “With significant job gains across industry sectors, an unemployment rate of 4.3 percent and a state labor force participation rate that is more than five points higher than the nation’s, Wisconsin continues to be a land of opportunity for our world-class workforce.”
However, the BLS revised its estimates for September, which indicated that the state lost an additional 5,700 private sector jobs that month, for a new job loss total of 7,000.
Including the preliminary October job numbers, the state has added 30,300 private sector jobs year-to-date, according to BLS data.
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