PRESS RELEASE: Appleton MSA employment growth rate above national average

FOR IMMEDIATE RELEASE – June 3, 2015

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Michelle Yandre
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Appleton MSA employment growth rate above national average

Appleton, Wis. – There’s good news for the Fox Cities’ economy. April’s employment growth rate in the Appleton Metropolitan Statistical Area (MSA) exceeded that of the nation, according to information released yesterday by the Bureau of Labor Statistics (BLS).  The local employment growth rate was reported at 2.9 percent, compared to 2.2 percent nationwide. By comparison, Fond du Lac is shown at 2.3 percent, Oshkosh-Neenah at 1.6 percent and Green Bay at 2.0 percent. The Janesville-Beloit MSA led the State of Wisconsin with a 3.9 percent rate, followed by Appleton. The average employment growth rate among all 387 MSAs throughout the country was 1.7 percent.

While the BLS report did not include information on employment growth or decline by sector, anecdotal information indicates growth locally across multiple sectors.

“Several local manufacturers, food processors and technology companies are in various stages of expansion projects, which leads to job creation and growth,” said Larry Burkhardt, executive vice president of the FoxCities Regional Partnership. “Recently announced expansions of Werner Electric and Faith Technologies are examples of significant commitments by local companies to grow here in the Fox Cities.”

The Appleton MSA unemployment rate was reported at 3.7 percent in April compared to the state’s overall unemployment rate of 4.4 percent and the nation’s at 5.1 percent.

 

                 Larry Burkhardt

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Fox Cities Regional Partnership is an affiliate of the Fox Cities Chamber of Commerce.  It exists for the purpose of strengthening our local economy by supporting local job creation through the retention, expansion and attraction of primary