BizTimes Milwaukee: Wisconsin unemployment rate down to 2.5%

Wisconsin’s unemployment rate continued to decline in March, reaching a new record low of 2.5%, according to the latest data released by the state Department of Workforce Development.

The previous record low came in February at 2.7%.

The decline over the month came from a drop of 6,400 in the number of people considered unemployed and an increase of 11,000 in the number of people employed. Those shifts also added up to a one-tenth increase in Wisconsin’s labor force participation rate to 64.6%.

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