Sunday, March 8, 2009

Local unemployment rates versus the state and the nation - January 2009

Each month the Wisconsin Department of Workforce Development reports on local, state and national unemployment rates. The latest report for the month of January shows unemployment has been rising throughout the country, but Madison and Dane County continue to experience much lower rates of unemployment than the state and the nation as a whole.

The global and national economic trends are having a big impact on our local economy, but we're fortunate to live where we do. Our relatively low levels of unemployment should lend some stabilization to our local housing market while many other parts of the country undergo more drastic changes to their local economies.

You'll find our full unemployment report on the economic trends page at DaneCountyMarket.com.

Have a good day,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com

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