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St. Croix County’s December 2023 Unemployment Rate at 3.5%
On January 24th, the Wisconsin Department of Workforce Development (DWD) announced the preliminary December 2023 unemployment rates for Wisconsin’s 72 counties and the 35 cities with populations greater than 25,000 residents. St. Croix County’s December rate was estimated at 3.5%, which is higher than November’s rate of 3.1% and October’s revised final rate of 3.2%. One year ago, the county’s unemployment rate was estimated at 2.8%.

DWD said Preliminary December 2023 unemployment rates decreased or stayed the same in 26 of 72 Wisconsin counties over the month. Over the year, 67 of 72 Wisconsin counties had unemployment rates increase.

The counties with the lowest unemployment rates in December include Lafayette (1.9%), Green and Dane (2.0%), and Calumet and Sheboygan (2.1%). Iron had the highest rate in December at 5.4% followed by Adams (5.3%), Bayfield (4.8%), and Polk and Burnett (4.6%).

St. Croix, Pierce, and Polk counties comprise Wisconsin’s Greater St. Croix Valley. In addition to St. Croix’s rate of 3.5%, December’s preliminary rate for Polk was at 4.6% and Pierce was at 3.5%.

St. Croix and Pierce counties are included in the 15-county Minneapolis-St. Paul-Bloomington MN-WI metro area. The December 2023 unemployment rate for the Twin Cities was estimated at 2.4% which is higher than November’s rate of 1.9%, and lower than October’s rate of 2.9%. The unemployment rate for the Twin Cities was 2.8% in December of 2022.

Nearby Washington County in Minnesota reported a preliminary rate of 2.1% in December, while Dakota County, MN reported a rate of 2.2% and Chisago County, MN had a rate of 3.2%.

The preliminary (seasonally adjusted) unemployment rate for Wisconsin in December was estimated at 3.3%, which is the same as November and higher than October’s final rate of 3.2%. One year ago, the state’s seasonally adjusted rate was 3.0%.

The preliminary (seasonally adjusted) unemployment rate for Minnesota in December was estimated at 2.9%, which is lower than November’s rate of 3.1% and October’s rate of 3.2%. Minnesota’s seasonally-adjusted rate one year ago was 3.2%.

The preliminary (seasonally adjusted) unemployment rate in the U.S. for December was estimated at 3.7%, which is the same as November’s final rate and lower than October’s final rate of 3.9%. One year ago, the U.S. rate (seasonally adjusted) was estimated at 3.5%.

Wisconsin’s preliminary (seasonally adjusted) labor force participation rate for December was estimated at 65.9%, which is the same as November and higher than October’s rate of 65.8%. One year ago, Wisconsin’s labor force participation rate was 64.6%.

The preliminary (seasonally adjusted) labor force participation rate for the U.S. in December was estimated at 62.5%, which is lower than November’s rate of 62.8% and higher than October’s rate of 62.7%. One year ago, the labor force participation rate in the U.S. was 62.3%.

December’s estimates are preliminary and are subject to revision within the next few weeks.