Wisconsin’s employment picture has become so bright that almost anyone who wants to work can get a job. Economists and state workforce officials say the Badger State has reached a state of full employment.
Full employment, according to economists, is when virtually all who are able and willing to work are employed.
Thursday, the U.S. Bureau of Labor Statistics released data revealing that Wisconsin’s unemployment rate reached an all-time low of 2.9 percent in February and that the number of people unemployed and considered active in the state’s labor force also reached record highs.
John Koskinen, chief economist with the state Department of Revenue, said Wisconsin has been heading into full employment as more employers have created jobs and state worker support programs have been put into place.