Friday, January 2, 2009

Wisconsin's unemployment rate expected to peak at 8% in 2009

According to the just released Wisconsin Economic Outlook" the unemployment rate is expected to crest at around 8% in late 2009. This compares to a 5.6% unemployment rate in November 2008 (According to the BLS).

They expect the most job losses to come from Construction, Manufacturing and Trade, Transportation and Utility sectors.

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