Thursday, March 10, 2005

Wisconsin Economy

Unemployment falls in 11 Wisconsin metro areas

Recent unemployment data illustrates the strengthening Wisconsin economy. Two state metro areas Appleton and Madison had unemployment rates at less than 4%. Appleton ranked first with 3.1% followed by Madison at a 3.6% unemployment rate. Both metros markets showed improvement when compared with data for year 2004.

Other strong state markets include Sheboygan, Oshkosh-Neenah and La Crosse with unemployment rates under 5%. All the state markets showed employment gains with the exception of Janesville-Beloit with unemployment increasing from 6.5% in 2004 to 9.6% in 2005.

Wisconsin statewide
saw unemployment averaging at 4.8% compared with 5.2% nationwide.

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