Labor Market Statistics
Table 4 Labor Market Indicators from LAUS and retrieved from WisConomy
Labor Force
Unemployment Rate
Employment
Labor Market Area
2021 Q1 (000) % ∆ Yr. Ago
2021 Q1
2020 Q1 2021 Q1 (000) % ∆ Yr. Ago
Portage County
38.0 13.9 72.6 34.5
-0.5% 0.6% 1.2% 1.5% .03% -1.4%
4.6% 4.1% 3.8% 5.8% 3.8% 6.0%
3.9% 3.4% 3.2% 4.6% 3.2% 4.4%
36.2 13.3 69.8 32.5
-1.3% -1.3% .50% -0.2% -0.6% -3.2%
City of Stevens Point Marathon County
Wood County
Wisconsin
3,066.3 160,558
2,949.0 150,848
United States
Description: • Labor Force: Includes all people over the age 16 who are either working or actively looking for work. • Unemployment Rate: The number of unemployed as a percentage of the labor force. Analysis: • While the unemployment rates for Wisconsin and Central Wisconsin remain higher than one year ago, they are well below the national unemployment rate. • The employment numbers for state and the region have rebounded and are close to what they were a year ago, according to the household survey.
Table 5 Wisconsin Employment by Industry Sector from Payroll Employment Survey - CES and retrieved from WisConomy
Trade, Transport and Utilities
Nonfarm Jobs
Construction Jobs Manufacturing Natural Resources and Mining
Information Jobs
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2849.8 -4.30% 122.1
-3.6% 471.5 -1.4% 3.6 -5.3% 528.0 -1.4% 45.0 -4.7%
Education and Health
Leisure and Hospitality
Finance Jobs
Business Services
Other Services
Government
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
2021 Q1 (000)
% ∆ Yr. Ago
151.3
-2.4% 319.5
-0.6% 448.7 -4.0% 231.8 -17.0% 147.3 -3.3% 381.0 -7.5%
Description: • Employment data are classified using the North American Industry Classification System (NAICS). The above table categorizes data according to major industry sectors. Analysis: • The pandemic has had a disproportionate impact on the Leisure and Hospitality and Government sectors.
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Center for Business and Economic Insight
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