For more information, contact:
Jason White, CEO, Greater Oshkosh Economic Development Corporation
(920) 230-3321, firstname.lastname@example.org
Hourly Wages on the Rise in Oshkosh-Neenah MSA
OSHKOSH, WIS. (January 16, 2020) – The Oshkosh-Neenah Metropolitan Statistical Area (MSA) unemployment rate was 2.7P percent in November 2019, up 0.5P percent from November 2018. Wisconsin had an unemployment rate of 2.9P while the U.S. unemployment rate remained at 3.3 percent for the last three months, not seasonally adjusted.
The Oshkosh-Neenah MSA had the seventh-lowest unemployment rate out of twelve MSAs in the state in November 2019, tied with Green Bay and Eau Claire at 2.7 percent. Madison had the lowest with 2.2P percent, followed by La Crosse-Onalaska (2.3P percent), Wausau (2.5P percent), Sheboygan (2.6P percent), Fond du Lac and Appleton share the fifth-lowest at 2.5P percent.
The total Civilian Labor Force in the Oshkosh-Neenah MSA slightly increased from the previous month. Oshkosh-Neenah Metropolitan area lost 291P employees from November 2018 (92,209) to November 2019 (91,918 P), a 0.32 percent decrease. Over that same period, the total number of unemployed persons rose from 2,040 in November 2018 to 2,440P in November 2019.
Between November 2018 to November 2019, the Oshkosh-Neenah MSA has added 400 jobs in Education and Health Services, while Professional and Business Services added 300 jobs. Manufacturing and Trade, Transportation, and Utilities added 200 jobs over the last year. Mining, Logging, and Construction and Leisure and Hospitality increased their workforces by 100 people.
The average hourly earnings of all employees in the Oshkosh-Neenah MSA was $23.34 in November 2019, a 5.51 percent increase from 2018, and the average weekly earnings of all employees was $774.89, a 2.73 percent increase from 2018.
P: Preliminary figures
Greater Oshkosh EDC was founded in 2015 and exists to preserve the health of existing companies, foster a positive entrepreneurial environment, connect companies to workforce and talent development resources, enhance the business climate and promote the quality of life in the greater Oshkosh area. For more information, visit www.greateroshkosh.com.