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The Daily Cardinal Est. 1892
Friday, November 22, 2024

State unemployment falls to 5.5 percent

Wisconsin’s unemployment rate fell to 5.5 percent in September, reaching its lowest point since October 2008, according to a state agency report.

Figures released Thursday from the state Department of Workforce Development reflected a drop from 5.7 percent in August, as well as the addition of 8,400 private sector jobs.

“This is more great news for working families and it’s more proof that Wisconsin is heading in the right direction under Governor Walker,” Walker’s press secretary Alleigh Marré said in a release.  “We’ve come too far over the last four years to let Mary Burke and her failed policies take us backward.”

The report’s estimate found the September unemployment rate to be down from 6.6 percent in September of last year and below the national average of 5.9 percent.

In a release, Rep. Jeremy Thiesfeldt, R-Fond du Lac, praised the increase in jobs, which amount to 37,400 over the past year.

“The gains shown in the latest job report are significant despite the negative headwinds of our national economy under President Obama,” Thiesfeldt said in the release. “Gov. Walker’s economic initiatives that were put in place over the last four years have shown indisputable positive results.”

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