Wisconsin unemployment hits record low of 2.8%

Posted at 12:42 PM, Jan 20, 2022
and last updated 2022-01-20 13:42:40-05

MADISON, Wis. (AP) — Wisconsin's unemployment rate hit a record low of 2.8% in December, after tying the previous low of 3% in November.

The state Department of Workforce Development reported the latest figures Thursday. The state rate is below the national unemployment rate of 3.9% for December.

Wisconsin gained 5,300 private-sector jobs in December. The number of people counted as unemployed in Wisconsin, 86,200, also hit a record low.

Hitting a new unemployment rate low comes amid a worker shortage both in the state and nationwide.