St. Croix County’s March Unemployment Rate at 4.9 percent
On April 20th, the Wisconsin Department of Workforce Development (DWD) announced the preliminary March 2016 unemployment rates for Wisconsin’s 72 counties and the 32 cities with populations greater than 25,000 residents. St. Croix County’s rate was estimated at 4.9%. For comparison, St. Croix’s final rate for February was 5.5% and January’s final rate was 5.0%. One year ago, the county’s unemployment rate was estimated at 4.6%.
DWD said preliminary unemployment rates for March decreased in 71 counties compared to February 2016 and decreased or remained the same in 56 of the 72 counties compared to March 2015. The current rates ranged from 3.4% in Dane County to 10.2% in Bayfield.
The March 2016 preliminary unemployment rates decreased in all of Wisconsin’s 32 municipalities with population bases of least 25,000 residents compared to February 2016 and in 27 of the 32 compared to March 2015. The March 2016 rates ranged from 3.2% in Madison to 7.2% in Racine.
Dane County had the lowest rate in March at 3.4% followed by Calumet (3.8%), Ozaukee (4.0%), Sheboygan (also at 4.1%), and Washington (also at 4.1%). Bayfield County had the highest rate in March at 10.2%, followed by Iron (9.7%),
Sawyer (9.5%), Menominee (9.1%), and Burnett (8.7%).
St. Croix, Pierce, Polk, and Dunn counties comprise Wisconsin’s Greater St. Croix Valley. In addition to St. Croix referenced above, Pierce County’s preliminary rate in March was estimated at 5.1%. Dunn’s rate was 5.5% and Polk’s
was 6.7%. All four counties had higher unemployment rates compared to February 2016 and only Dunn’s rate was lower compared to March 2015.
St. Croix and Pierce counties are included in the 16-county Minneapolis-St. Paul-Bloomington MN-WI metro area. The March 2016 unemployment rate for the Twin Cities was estimated at 4.0%, which is higher than the final rate of 3.9%
for both February and January. The unemployment rate in the Twin Cities was 4.0% in March 2015.
The preliminary (seasonally adjusted) unemployment rate for Wisconsin in March was estimated at 4.5%, which is lower than the final rate of 4.6% for both February and January. One year ago, the state’s seasonally adjusted rate was 4.6%.
The preliminary (seasonally adjusted) unemployment rate in Minnesota in March was estimated 3.7%, which is the same as the final rates for both February and January. Minnesota’s seasonally adjusted rate one year ago was 3.6%.
The preliminary (seasonally adjusted) unemployment rate in the U.S. for March was estimated at 5.0%, which is higher than
February’s and January’s final rate of 4.9%. One year ago the U.S. rate was estimated at 5.5%.
March’s estimates are preliminary and are subject to revision within the next few weeks.