State Unemployment Rate Below Six Percent
The state’s unemployment rate has fallen below six percent for the first time since 2008. Numbers released by the U-S Bureau of Labor Statistics show Wisconsin’s preliminary unemployment rate for March fell to 5.9-percent, down from 6.1-percent in February and well below the national average of 6.7-percent. It’s the lowest rate recorded for the state since November of 2008. The B-L-S figures also estimate Wisconsin gained a seasonally adjusted 64-hundred private-sector jobs last month. The state Department of Workforce Development says Wisconsin has added more than 38-thousand jobs since March of 2013. The state’s unemployment rate hit a high point during the recession in 2010, when it peaked at 9.2-percent.