Racine, Wisconsin Unemployment
The BLS reported that the unemployment rate for Racine rose 0.1 percentage points in May 2023 to 2.8%. For the same month, the metro unemployment rate was 0.4 percentage points higher than the Wisconsin rate. The unemployment rate in Racine peaked in April 2020 at 15.0% and is now 12.2 percentage points lower. From a post peak low of 2.7% in April 2023, the unemployment rate has now grown by 0.1 percentage points. You can also compare Racine unemployment with unemployment in other cities.
Unemployment Rate | May 2023 | Month/Month | Year/Year |
---|---|---|---|
National | 3.7% | +0.3 | +0.1 |
Wisconsin | 2.4% | 0.0 | -0.5 |
Racine | 2.8% | +0.1 | -0.7 |
Unemployment Rate: Racine, Wisconsin, National
Note: Recessions shown in gray.
Racine, Wisconsin Unemployed
The number of people unemployed in Racine peaked in April 2020 at 14,665. There are now 11,917 fewer people unemployed in the metropolitan area. From a recent trough of 2,617 in April 2023, the number of unemployed has now grown by 131. Racine employment and jobs data (including jobs lost/gained in Racine, Wisconsin) is also available.
Unemployed Persons | May 2023 | Month/Month | Year/Year |
---|---|---|---|
Racine | 2,748 | +131 | -692 |
Number of Unemployed Persons
Racine, Wisconsin Unemployment History
Date | National Unemployment Rate |
Wisconsin Unemployment Rate |
Racine Unemployment Rate |
Racine Unemployed |
---|---|---|---|---|
June 2023 |
3.6% | — | — | — |
May 2023 |
3.7% | 2.4% | 2.8% | 2,748 |
April 2023 |
3.4% | 2.4% | 2.7% | 2,617 |
March 2023 |
3.5% | 2.5% | 2.8% | 2,739 |
February 2023 |
3.6% | 2.7% | 3.1% | 3,003 |
January 2023 |
3.4% | 2.9% | 3.3% | 3,244 |
December 2022 |
3.5% | 3.0% | 3.5% | 3,482 |
November 2022 |
3.6% | 3.0% | 3.6% | 3,497 |
October 2022 |
3.7% | 3.0% | 3.6% | 3,565 |
September 2022 |
3.5% | 3.1% | 3.7% | 3,657 |
August 2022 |
3.7% | 3.1% | 3.8% | 3,711 |
July 2022 |
3.5% | 3.0% | 3.7% | 3,684 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩