Employment Level for Wisconsin
EMPLOYWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,071,800.00
Year-over-Year Change
3.41%
Date Range
10/1/2003 - 7/1/2024
Summary
The Employment Level for Wisconsin tracks the total number of employed individuals in the state. This metric is a key indicator of the strength and resilience of Wisconsin's labor market.
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
The Employment Level for Wisconsin measures the total number of people employed within the state, including both wage and salary workers as well as the self-employed. This data provides insight into the overall health and direction of Wisconsin's economy.
Methodology
The data is collected through surveys of Wisconsin households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor state-level employment trends to gauge regional economic conditions and inform policy decisions.
Key Facts
- Wisconsin's employment level reached a record high in 2019.
- The manufacturing sector accounts for a significant portion of Wisconsin's employed workforce.
- Employment levels in Wisconsin tend to track closely with national economic trends.
FAQs
Q: What does this economic trend measure?
A: The Employment Level for Wisconsin measures the total number of employed individuals within the state, including both wage/salary workers and the self-employed.
Q: Why is this trend relevant for users or analysts?
A: The Wisconsin employment level is a key indicator of the state's economic health and can inform policy decisions as well as provide context for market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Wisconsin households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State-level employment data is closely monitored by policymakers to assess regional economic conditions and inform decisions around workforce development, taxation, and other policy levers.
Q: Are there update delays or limitations?
A: The Employment Level for Wisconsin data is published monthly with a brief lag time, reflecting the survey-based nature of the underlying data collection.
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Citation
U.S. Federal Reserve, Employment Level for Wisconsin (EMPLOYWI), retrieved from FRED.