State sets record for number of people employed

The Wisconsin Department of Workforce Development (DWD)¬†announced the release of the U.S. Bureau of Labor Statistics (BLS) preliminary employment estimates for May 2022, which show the number of Wisconsinites employed at a historic high of 3,059,300. The data also show an increase in Wisconsin’s total labor force for the sixth consecutive month. In May, Wisconsin’s labor force participation rate was 66.5%, 4.2% higher than the national rate. Wisconsin’s unemployment rate during the same period was 2.9%, up slightly from April’s historic low. Wisconsin’s total nonfarm jobs increased from April by 2,200 while private-sector jobs increased by 1,800.