Beloit’s jobless rate second highest

MADISON — Beloit’s unemployment rate for March was the second highest among Wisconsin’s 32 largest communities, according to figures released Wednesday by the Wisconsin Department of Workforce Development.

Beloit’s jobless rate was 4.2 percent in March, unchanged from February, but down from 5.7 percent recorded in March of 2017. Still, Beloit’s jobless rate is only a point above its lowest on record, which was recorded in December at 3.2 percent.

Racine had the highest unemployment rate among the state’s largest communities at 4.6 percent in March, down from 4.8 percent in February, and down from 5.2 percent in March of 2017. Milwaukee and Kenosha tied for third highest jobless rate in March at 3.9 percent.

Fitchburg had the lowest unemployment rate among Wisconsin’s largest communities at 2 percent in March, down from 2.1 percent in February. Madison had the second lowest rate at 2.1 percent in March, unchanged from February.

Nearby Janesville had an unemployment rate of 3.3 percent in March, down from 3.4 percent in February and down from 4.1 percent in March of 2017.

Of Wisconsin’s 32 largest communities, 22 recorded unemployment rate declines between February and March and nine recorded unchanged rates between February and March. Caledonia was the only community recording an increase, going from 3.3 percent in February to 3.4 percent in March.

Rock County had an unemployment rate of 3.4 percent in March, down from 3.6 percent in February and down from 4.4 percent in March of 2017.

Neighboring Walworth County had an unemployment rate of 3.2 percent in March, down from 3.5 percent in February and down from 3.8 percent in March of 2017.

Dane County had the lowest unemployment rate among Wisconsin’s 72 counties at 2.2 percent in March, down from 2.3 percent in February.

Iron County had the highest unemployment rate at 6.8 percent in March, down from 7.1 percent in February.

Of Wisconsin’s 72 counties, 64 recorded unemployment rate declines between February and March, three recorded rate increases and five saw no change in their rates.

Wisconsin had a statewide unemployment rate of 2.9 percent in March, which is unchanged from February. It is the lowest rate the state has experienced since July of 1999.

The national unemployment rate was 4.1 percent in March, also unchanged from February.

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