Posted 12/29/2023, 11:11:24 AM
Wisconsin Jobs Hit Record High in 2023 But Worker Shortage Persists
- Wisconsin ended 2023 with record high employment of over 3 million people and an unemployment rate of 3.3%
- The state added 32,300 workers to the workforce in 2023, but there is still a shortage of workers
- Job market very good for recent graduates with many openings
- Hiring may be slowing down slightly based on October metro Milwaukee data
- In 2023, 6,727 Wisconsin workers were laid off, up from 5,563 in 2022 but far below 39,756 in 2020