Employed Persons in Wisconsin
LAUST550000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,081,171.00
Year-over-Year Change
7.64%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Employed Persons in Wisconsin' metric tracks the total number of people employed in the U.S. state of Wisconsin. It serves as an important indicator of the state's economic health and labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the monthly count of employed individuals in Wisconsin, including both full-time and part-time workers across all industries. It is a key statistic used by policymakers, analysts, and researchers to monitor employment trends and assess the strength of the Wisconsin economy.
Methodology
The data is collected through surveys of Wisconsin households by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in employed persons are closely watched for insights into consumer spending, business investment, and potential policy interventions.
Key Facts
- Wisconsin accounts for approximately 2% of total U.S. employment.
- Employment in Wisconsin peaked in early 2020 before declining due to the COVID-19 pandemic.
- The state's unemployment rate has consistently remained below the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Employed Persons in Wisconsin' metric tracks the total number of people employed in the U.S. state of Wisconsin, across all industries and work arrangements.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a key indicator of Wisconsin's economic health and labor market conditions, providing insights into consumer spending, business investment, and potential policy interventions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Wisconsin households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in employed persons in Wisconsin are closely watched by policymakers, economists, and analysts to assess the strength of the state's economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around one month.
Related Trends
Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Wisconsin
MEDLISPRIPERSQUFEEYYWI
State Government Tax Collections, Total Sales and Gross Receipts Taxes in Wisconsin
WISLGRTAX
Wholesale Trade Earnings in Wisconsin
WIEWHO
Chain-Type Quantity Index for Real GDP: Motion Picture and Sound Recording Industries (512) in Wisconsin
WIMOTPICSNDQGSP
Residential Carbon Dioxide Emissions, Distillate Fuel for Wisconsin
EMISSCO2VDFRCBWIA
Per Capita Personal Consumption Expenditures: Services: Health Care for Wisconsin
WIPCEPCHLTHCARE
Citation
U.S. Federal Reserve, Employed Persons in Wisconsin (LAUST550000000000005A), retrieved from FRED.