Wisconsin unemployment fell slightly last week, still hovers near 213,000 claims
A worker leaves the the Frank P. Zeidler Municipal Building in Milwaukee. Gov. Tony Evers asked President Donald Trump on Tuesday, March 31, 2020 to issue a major disaster declaration for the state of Wisconsin due to the coronavirus pandemic, as unemployment claims hit a daily high and the state’s health secretary warned lawmakers that Medicaid enrollments were going to increase dramatically. (AP Photo/Morry Gash, File)
(The Center Square) – Although new claims dropped slightly from the previous week, Wisconsin’s unemployment remains above 213,000.
New claims fell by 2,033 during the last full week of July, from 25,129 to 23,096. The total number of claims dropped 5,607 in the time period between July 11 and July 18.
During the time period between July 18 and July 25, total unemployment claims in the state dropped from 218,606 to 212,999.
In the week ending July 25, 1,434,000 new claims were reported nationally, bringing the national unemployment number to 16.9 million.
The advance seasonally adjusted insured unemployment rate was 11.6 percent for the week ending July 18, an increase of 0.5 percentage point from the week ending July 11, the DOL reported. The unemployment rate report lags new claims by one week.
California once again led the nation in new unemployment claims, with 249,007 last week.
The latest weekly unemployment report was released on the same day the U.S. Department of Commerce said that the nation’s Gross Domestic Product dropped an estimated 32.9 percent, the worst decline since at least World War II. GDP is generally viewed as a measure of a country’s economic health. The U.S. began measuring GDP in 1947.
