11-17-23 wisconsin unemployment rate up slightly

Wisconsin’s unemployment rate was up slightly last month.  The state Department of Workforce Development Thursday released the U.S. Bureau of Labor Statistics data showing Wisconsin’s unemployment rate was 3.2% last month.  That’s up slightly from 3.1% in September and below the national rate of 3.9% in October.  The state’s total labor force participation rate held steady at 65.8%, 3.1% higher than the national labor force participation rate of 62.7%.  Wisconsin’s total non-farm jobs remained at a near-record high at 3,013,900 in October, even with a decrease by 1,400 from September. This is 32,800 more jobs than October 2022.

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