Friday, June 4, 2010

Milwaukee Job Loss Statistics

The Milwaukee area lost 19,200 jobs over the 12-month period ending in April, according to the latest report from the U.S. Bureau of Labor Statistics.

The Milwaukee-Waukesha-West Allis metropolitan area was one of 97 of the largest U.S. metros that saw a reduction in employment over the past year. Chicago took the hardest hit, losing 101,500 private-sector jobs in 12 months. Thirteen other metros lost at least 25,000 jobs each.

Seasonally unadjusted Milwaukee-area employment stood at 697,600 jobs in April, down 2.7 percent from 716,800 in the same month a year ago. The area ranked 79th in overall decline in job totals, which means only 21 markets lost more jobs than Milwaukee.

For the full employment data on the nation's largest metros, see the analysis from Business First of Buffalo.

Last week, the Wisconsin Department of Workforce Development pegged the Milwaukee area's one year seasonally unadjusted job loss at 19,500. The Milwaukee metro, which had a jobless rate of 8.5 percent in April, had gained 10,600 jobs from a month ago.

Read more: Milwaukee area loses 19,200 jobs in a year - The Business Journal of Milwaukee

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