Wisconsin’s unemployment rate ticks up again

For the fifth consecutive month, Wisconsin’s unemployment rate ticked up just a bit and now stands at 3.3 percent, according to preliminary data released by the Department of Workforce Development.

The rate, which is up five-tenths of a point from the low of 2.8 percent recorded in April, is attributable to the decline in agriculture, where the state is losing farms, and a slowdown in manufacturing. While the figures are preliminary and subject to revision as more data comes in, Wisconsin manufacturers employed 7,700 fewer people in October 2019 than they did in the same month in 2018.

Both industries are impacted by the ongoing trade war between the U.S. and China. China is Wisconsin’s third largest trading partner after Canada and Mexico.