In announcing monthly jobs data for October, the state Department of Workforce Development highlighted Wisconsin’s increase of 32,000 private-sector jobs since October 2017.
The number represents a statistically significant increase. It also equates to job growth of 1.26 percent, which ranks 42nd in the country, according to a review of data released for all states on Friday.
Nine states, led by Oregon, Texas, and Nevada, saw job growth exceed 3 percent for the 12 months ending in October. Twenty states increased private-sector employment by at least 2 percent.
Department of Workforce Development secretary Ray Allen pointed to Wisconsin’s low unemployment rate and roughly 100,000 open jobs on the state’s online job portal in announcing the data.
“With an unemployment rate of 3 percent, the ninth straight month the state’s unemployment rate has remained at or below the 3 percent threshold, there is no better time to be a job seeker in Wisconsin,” Allen said in a statement.
Read more in BizTimes Milwaukee.