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MADISON — It was by a small margin, but none the less the unemployment rate in Wisconsin dropped from 6.5 percent to 6.3 from the months of October to November.
On a broad scale, the national unemployment rate was seven percent last month.
The Department of Workforce Development (DWD) reported that 6.3 percent is the state’s lowest seasonally adjusted rate since December of 2008.
The DWD reported that an additional 4,000 private sector jobs were added from October to November in Wisconsin.
However, according to the U.S. Bureau of Labor Statistics, this number is quite marginal compared to other states.
The bureau stated that nearly 24,000 private sector jobs were added in Wisconsin in a year from June 2012 to June 2013, which is roughly a one percent growth rate. That is almost half of the national growth rate, which is at 1.9 percent.