Wisconsin Unemployment Rate Dips on Flat Job Growth

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Wisconsin’s unemployment rate dipped below 3 percent in February, even as net private sector employment was essentially unchanged during the month.

The seasonally adjusted unemployment rate in Wisconsin was 2.9 percent during the month, the first time it has been below 3 percent since February 2018.

Private sector employment was down by 300, according to data released by the state Department of Workforce Development. Total nonfarm payrolls were down 3,400, led by a 3,100-job drop at the local government level.