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Wisconsin's jobless rate drops to 5.9% in March

Unemployment image copyright Midwest Communications, Inc.
Unemployment image copyright Midwest Communications, Inc.

MADISON, WI (WTAQ) - Wisconsin's preliminary unemployment rate for March is the lowest since the Great Recession began in earnest in November of 2008.

State officials reported a seasonally-adjusted rate of 5.9 percent. That's down two-tenths of a point from February, and it's the first time since the recession reared its head that the state's unemployment rate was below 6 percent.

Officials also said an estimated 6,400 private sector jobs were created in March -- but that figure is subject to heavy revisions later on, because of the relatively small sample of employers that federal workers survey for the monthly data.

One thing we do know is that Wisconsin continues to have lower unemployment than the nation as a whole. The state's new rate was eight-tenths of a percent less than the national jobless figure of 6.7 percent.  

Wisconsin has been almost consistently better than the U.S. rate since 1985.

(Story courtesy of Wheeler News Service)

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