Covered Employment in Wisconsin
WICEMPLOY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,909,704.00
Year-over-Year Change
0.19%
Date Range
6/10/2006 - 8/2/2025
Summary
The Covered Employment in Wisconsin metric tracks the number of workers covered by the state's unemployment insurance program. This key indicator provides insights into Wisconsin's labor market and overall economic health.
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
Covered employment data represents the number of people employed in jobs that are subject to state unemployment insurance laws. This metric is widely used by economists and policymakers to analyze workforce trends, identify economic patterns, and inform policy decisions.
Methodology
The data is collected through mandatory employer reporting to the state's unemployment insurance program.
Historical Context
Covered employment is an important input for state-level economic analysis and policy formulation.
Key Facts
- Wisconsin has over 3 million covered employees.
- Covered employment rose 2.5% in 2022 compared to the prior year.
- Manufacturing is the largest sector of covered employment in Wisconsin.
FAQs
Q: What does this economic trend measure?
A: The Covered Employment in Wisconsin metric tracks the number of workers covered by the state's unemployment insurance program.
Q: Why is this trend relevant for users or analysts?
A: Covered employment data provides important insights into Wisconsin's labor market and overall economic health, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through mandatory employer reporting to the state's unemployment insurance program.
Q: How is this trend used in economic policy?
A: Covered employment is an important input for state-level economic analysis and policy formulation.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule with minimal delays, providing timely insights into Wisconsin's labor market.
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Citation
U.S. Federal Reserve, Covered Employment in Wisconsin (WICEMPLOY), retrieved from FRED.