Beloit`s unemployment rate drops by over 4%

MADISON—Beloit’s unemployment rate dropped by more than 4% in June, but the rate is still in double digits.

Beloit’s unemployment rate was 10.8% in June, down from 14.9% in May, according to figures released Wednesday by the Wisconsin Department of Workforce Development. The June 2020 rate is a far cry from the 5.2% rate reported for Beloit in June of 2019.

Beloit’s jobless rate was the sixth highest rate among the 34 largest communities in Wisconsin. Milwaukee had the highest unemployment rate in June at 12.8%, down from 15.7% in May. Fitchburg had the lowest rate at 6.8% in June, down from 8.4% in May.

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- - Volume: 8 - WEEK: 30 Date: 7/23/2020 12:58:35 PM -