Photo Credit - Tina Prigge Vagabond Creative Studio
Wisconsin’s latest employment report indicates significant job losses last month.
The unemployment report for July reveals that the private sector shed 8,500 jobs, while the total number of non-farm jobs decreased by 6,500.
Despite these losses, Wisconsin’s unemployment rate remained steady at 3%, and the labor participation rate held at 65.5%.
While better than the national average, Wisconsin’s labor participation rate is still below pre-COVID levels.
