Jobless rates dropped dramatically from high in April

MADISON, Wis. —Unemployment rates in Beloit and Janesville have dropped dramatically from high points the communities hit in April, according to figures released Wednesday by the Wisconsin Department of Workforce Development.

Beloit had an unemployment rate of 9.1% in July, down from 11.1% in June and down from a high this year of 16% in April, when the impact of the COVID-19 pandemic was starting to become apparent. Beloit had the fifth highest jobless rate among Wisconsin’s 33 largest communities. Beloit’s unemployment rate in July of 2019 was 5.1%....

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Ken Notes: So now we need to focus on the hospitality and some tourist industries.



- - Volume: 8 - WEEK: 35 Date: 8/27/2020 7:09:21 AM -