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City's jobless rate declines

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Posted: Thursday, October 25, 2012 4:00 pm

Beloit saw its unemployment rate drop nearly 2 percent in September, according to the Wisconsin Department of Workforce Development.

Beloit’s unemployment rate was 9.9 percent in September, down from 11.8 percent in August. The city’s jobless rate was 12.2 percent in September of 2011.

Still, Beloit’s unemployment rate is the second highest among the 32 cities tracked by the Department of Workforce Development. Racine had the highest rate at 10.7 percent in September, down from 12.1 percent in August.

The September rate is the lowest the city has seen this year. The rate was 12.2 percent in January and the previous lowest rate for Beloit this year was 11 percent in April.

Nearby Janesville had the sixth highest unemployment rate among the cities tracked at 8.7 percent in September, down from 9.2 percent in August. Janesville’s jobless rate in September 2011 was 9.6 percent.

Caledonia had the lowest unemployment rate among the 32 cities tracked at 3.2 percent in September, down from 3.8 percent in August. Madison’s jobless rate was 4.5 percent in September, down from 5.2 percent in August.

All 32 communities tracked by the state saw unemployment rate declines from August to September, and 31 of the communities saw rate declines compared to a year ago. Stephens Point was the only community that did not see a decline, but that community’s rate stayed the same at 7.2 percent when compared to a year ago.

Rock County had an unemployment rate of 7.9 percent in September, down from 8.7 percent in August. The county’s jobless rate was 8.9 percent in September of 2011.

Nearby Walworth County had an unemployment rate of 6.2 percent in September, down from 7.3 percent in August. Walworth County’s jobless rate was 6.9 percent in September of 2011.

Menominee County had the highest unemployment rate among Wisconsin’s 72 counties at 13.7 percent in September, down dramatically from 21.9 percent in August.

Pierce County had the lowest unemployment rate in the state at 4,3 percent in September, down from 5.1 percent in August. Dane County’s unemployment rate was 4.4 percent in September, down from 5.1 percent in August.

All 72 counties saw unemployment rates decline from August to September and all but two saw declines when compared to a year ago. Iowa County’s rate increased from 4.8 percent in September 2011 to 4.9 percent in September 2012 and Iron County’s rate increased from 8.4 percent in September 2011 to 8.9 percent in September 2012.

The statewide unemployment rate was 7.3 percent in September, down from 7.5 percent in August, but not very different from a year ago when the jobless rate was 7.4 percent.

The national jobless rate was 7.8 percent in September, down from 8.1 percent in August and down from 9 percent in September 2011.

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4 comments:

  • billtinder posted at 12:31 pm on Tue, Oct 30, 2012.

    billtinder Posts: 4665

    There is probably some truth to what Delavan says ( about political veiws clouding peoples judgement ), but let's face it; the unit of measure (unemployment stats) is at best incomplete in terms of what is actually being portrayed. We all know that people stop being counted when their benefits expire. I think a more realistic measure of how the economy is doing would be to keep track of the food stamp participation, because we know for a fact that the only way people get off of that, is by dying or achieving significant financial improvement.
    Going from the unemployment line to a new job is something to cheer about.
    Going from the unempolyment line to collect welfare is not.

    More information is required.

     
  • Delavan Mike posted at 9:47 am on Mon, Oct 29, 2012.

    Delavan Mike Posts: 1294

    Why is it so easy to believe bad statistics that show the economy is in bad shape but so difficult to believe good statistics that show there may be some improvement??? Could it be that some people's political views are clouding their judgment?

     
  • beloit51 posted at 6:09 pm on Thu, Oct 25, 2012.

    beloit51 Posts: 1639

    Are these unemployment drop's due to Those exhausting U.C. benefit's and being on no specific "roll's"?Easy to have less unemployment percentage's when these same unemployed are NOT COUNTED.Wisconsin WorkFarce Dev.BORED sure can make all,any number's appear as if Wisconsin is land of "milk and honey".Please,we Wisconsinite's prefer the truth,not the "rose colored glass's" variety.Unemployment drop's beside's these number's print the true employed,number of job's created,or lost,actual numbers of people not looking,or dropped from any roll's.
    Per social security,reciepent's are to recieve a 1.7 % increase January 1,2013.Wisconsin officals should announce for federal government these number's.Bet the roof would raise with Wi.announcing these "gaudy" number's ?

    "Your Humble Servant"

     
  • FaceTheFacts posted at 4:50 pm on Thu, Oct 25, 2012.

    FaceTheFacts Posts: 327

    Now, to get true stats, how many new jobs and/or hires have there been? Or, have dropped of Unemployment Compensation [not by choice or new job] Or??

    How many people are really leaving Beloit? And how many more really would if they could get out from from underneath their housing.. They shouldn't worry that part, as one by one the city will by them, and Section 8 [and the social experiment] continues~~

     

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