MADISON, WI (WTAQ) - Wisconsin is one of 37 states where unemployment went down last month – and the Badger State is among 23 where the jobless rate is below 7 percent.
The U.S. Labor Department said Wisconsin had a 6.9 percent unemployment rate for October on a seasonally-adjusted basis. That’s four-tenths lower than it was in September – and Wisconsin had the nation’s third largest drop in its jobless rate, behind Alaska and the biggest decliner, South Carolina.
But in Wisconsin’s case, the lower rate was not due to increased hiring.
Labor officials said the Badger State lost a preliminary total of 7,500 jobs, including 6,000 in the private sector. Those figures normally get revised later, after officials have time to survey more employers.
The state’s jobless rate is a full point below the national figure of 7.9 percent. And the national rate is down a full one percent from a year ago.