Monday, October 1, 2012

Unique Content Article: WI Unemployment Rate Jumps 0.3% in July

<h2 class = 'uawtitle'>WI Unemployment Rate Jumps 0.3% in July</h2><br />
<div style='font-style:italic;' class='uawbyline'>by Kris Allan</div><br /><br />
<div class='uawarticle'>Wisconsin's unemployment rate rose 0.3% in July 2012 to 7.3%. This is the fourth consecutive month with an increase and it's the highest rate for the state since October 2011. It's also the biggest monthly increase since a 0.4% increase all the way back in April 2009. The effect of this big jump is that there are about 8,000 more unemployed people in Wisconsin for July. There are also roughly 15,000 fewer people employed in WI for the month. However, Wisconsin's unemployment rate is still 1% lower than the U.S. average of 8.3%.<br />
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Even with the big rise in July, the current rate is still better than the July 2011 rate of 7.6%. Year-over- year, there are roughly 9,400 fewer unemployed individuals in WI. Also, during the past year the total labor force has gone up by approximately 9,800 and the number of individuals employed in the state has increased by 19,000. Taken together these statistics result in a 0.3% decrease in the unemployment rate in Wisconsin.<br />
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Another set of data we can review are the individual unemployment rates for many of Wisconsin's metropolitan areas. In the month of July 2012, nearly all of the cities in Wisconsin experienced lower unemployment rates. The City of Appleton's rate fell for the month from 6.8% to 6.6%. Milwaukee fell to 8.2% from 8.4% in June. The Eau Claire Area dropped to 6.9% in July from 7.0% in June. Green Bay was also improved, falling from 7.0% to 6.8%, as was the City of Janesville, dropping 0.5% to 8.9%. The City of Madison went from 5.6% to 5.4% and remained the lowest metro rate in Wisconsin. Racine's rate remained unchanged for July at 8.2%.<br />
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Another method of reviewing employment numbers for the state is to look at the metrics by industry. For Wisconsin, Manufacturing, Information, and Other Services also had employment gains for the month of July. The industries of Education & Health Services, Leisure & Hospitality, Government, Construction, and Trade Transportation and Utilities all saw employment decreases for the month.<br />
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Compared to other states in the Midwest, Wisconsin's July unemployment rate remains in the middle. States in the region with higher rates than Wisconsin include Illinois (8.9%), Indiana (8.2%), and Michigan (9.0%). Neighboring states with a lower rate were Minnesota (5.8%) and Iowa (5.3%). Note that all the states listed above had higher rates in July 2012.<br />
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In about a month the U.S. Department of Labor will release the August 2012 employment numbers for WI. Please check back when we'll review the data for the state it's cities, and business sectors. As always, remember that previously released employment statistics can be updated at a later date.<br />
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<div style='font-style:italic;' class='uawabout'><br />
About the Author:<br />
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<div class='uawlinks'>If you're looking for work in the State of Wisconsin and need information, please visit the <a href="http://wiunemployment.wordpress.com">WI Unemployment</a> Headquarters.</div><br />
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New Unique Article!<br />
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Title: WI Unemployment Rate Jumps 0.3% in July<br />
Author: Kris Allan<br />
Email: azunemployment@unemploymenthq.com<br />
Keywords: Wisconsin unemployment, employment, unemployment,careers, jobs, job search, Wisconsin, midwest,business, self improvement<br />
Word Count: 407<br />
Category: Motivation<br />
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