Benchmarked January Employment in Wisconsin

DWD released benchmarked employment in Wisconsin yesterday. Overall employment was higher in 2021 than earlier estimated, but the slowdown in now more pronounced.

Figure 1: Wisconsin nonfarm payroll employment from January 2022 release (bold blue, right scale), from December 2021 release (teal, right scale), and private nonfarm payroll employment from Jan 2022 release (bold red, left scale), from Dec 2021 (pink, left scale), all in 000’s, s.a. Source: BLS, DWD. 

Leisure and hospitality services employment was also revised higher, but manufacturing was revised downward.

Figure 2: Wisconsin manufacturing employment from January 2022 release (bold blue, right scale), from December 2021 release (teal, right scale), and leisure and hospitality employment from Jan 2022 release (bold red, left scale), from Dec 2021 (pink, left scale), all in 000’s, s.a. Source: BLS, DWD.