April 19, 2024 2:32 am
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National News

National Unemployment Rate Lowest Since 1969

Credit: iStock

Staff Writer

On Friday, February 3, the Bureau of Labor Statistics published a report which included preliminary national unemployment numbers for January. The national unemployment rate dropped from 3.5 percent in December to 3.4 percent in January, the lowest recorded unemployment rate since 1969. 

As the unemployment rate dropped, the nation added 517,000 new nonfarm jobs, much higher than previous monthly gains. The largest gains were seen in the leisure and hospitality (128,000), professional and business services (82,000), government (74,000), health care (58,000), retail trade (30,000), and construction (28,000) sectors.

The full Bureau of Labor Statistics report can be found here

WI utilities make union jobs a priority for green projects

With the help of federal aid, Wisconsin is catching up to neighboring states in accelerating clean energy construction projects and the Badger State is taking things a step further by giving union workers greater access to these job opportunities.