Unemployment rates in nine of Wisconsin’s 12 metropolitan areas dropped in March from February, while two saw increases and one experienced no change.
The Madison area had the lowest rate in March at 4.2 percent, though that was an uptick of one-tenth of 1 percent from February. Madison was followed by La Crosse at 4.7 percent, down one-tenth of a percent from February.
The Racine MSA unemployment rate declined three-tenths of a percentage point, but remained the highest at 6.6 percent. When the latest rates are compared to those of March 2007, two metro areas had lower rates this year, seven recorded higher rates, and three saw no change in their rates.
Preliminary nonfarm wage and salary jobs increased from February to March in all 11 metro areas. When March’s preliminary job numbers are compared to the March 2007 totals, the results show three metro areas increasing jobs, seven decreasing and one unchanged.
See release: http://www.wisbusiness.com/index.iml?Article=124305