Recent reports indicate economic strength in Wisconsin

Recent reports and analyses of Wisconsin’s economy indicate economic strength, even amid a potential recession.

Wisconsin’s unemployment rates are resting at 2.9% — lower than the national average of 3.5%, according to the Wisconsin Department of Workforce Development. Across the nation, there have been increases in employment in healthcare, hospitality and healthcare sectors, according to the U.S. Department of Labor.

Wisconsin has strong labor force participation, with 66.5% of the population employed as of May 2022, according to Wisconsin’s Department of Workforce Development...

...In order to attract workers, companies now have to have a more comprehensive approach to hiring people — such as paying dignified wages or offering childcare and housing to employees, Deller said....