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Pierce's unemployment rate second lowest in state

On Nov. 27, the Wisconsin Department of Workforce Development (DWD) announced the preliminary October 2013 unemployment rates for Wisconsin’s 72 counties.

At 3.8 percent, St. Croix County’s rate is the lowest in the state for the sixth straight month.

Dane County has the second-lowest rate in October at 4.0 percent, followed by Pepin (also at 4.0 percent), Pierce (also at 4.0 percent) and Iowa (4.1 percent). Iron County (12.1 percent) had the highest unemployment rate in October, followed by Menominee (11.7 percent), Florence (8.9 percent), Racine (7.9 percent) and Forest (7.9 percent).

St. Croix, Pierce, Polk and Dunn counties comprise Wisconsin’s Greater St. Croix Valley. In addition to the October rates for St. Croix and Pierce (above), Dunn’s rate was 4.4 percent, (down from September’s final rate of 4.9 percent) and Polk’s rate was 5.6 percent (down from September’s rate of 6.0 percent). Year over year, all four counties had lower unemployment rates.

DWD said rates decreased or remained the same in 55 of the state’s 72 counties between September and October. Compared to October 2012, the rates declined in 55 counties, remained unchanged in four and increased in 13.

The 13-county Minneapolis-St. Paul-Bloomington, Minn.-Wisconsin metro area reported an unemployment rate of 4.1 percent. One year ago, the unemployment rate in the Twin Cities was 5.0 percent.

The preliminary (seasonally adjusted) unemployment rate for Wisconsin for September was estimated at 6.5 percent, which is down from the September rate of 6.6 percent and the August rate of 6.7 percent. One year ago, the state’s seasonally adjusted rate was 6.8 percent.

The preliminary (seasonally adjusted) unemployment rate in the U.S. in October was estimated at 7.3 percent, which is up from September’s rate of 7.2 percent and the same as August’s rate. One year ago, the U.S. rate was estimated at 7.9 percent.

October’s estimates are preliminary and are subject to revision within the next few weeks.