As released in the Bureau of Labor Statistics report last month, Wisconsin’s unemployment rate, seasonally adjusted, fell from 3.3 percent in November to 3.2 percent in December. Not seasonally adjusted, the unemployment rate fell from 2.6 percent in November to 2.3 percent in December.
Locally, according to a newly released Bureau of Labor Statistics report released on February 1, the Janesville- Beloit metropolitan area unemployment rate (not seasonally adjusted) dropped from 3.1 percent in November to 2.6 percent in December.
The Madison area unemployment rate dropped from 2.0 percent in November to 1.6 percent in December which was the lowest metropolitan unemployment rate in the country.
Nearly three years after the COVID-19 pandemic drastically impacted local communities across the nation, Wisconsin continues to show resilience and make great progress towards recovering economic losses.