Categories: Economy

Wisconsin’s Economy and Workforce Poised for Significant Growth in Next Two Years, According to DWD Projections

Wisconsin’s workforce and economy are expected to continue growing significantly in the next two years, according to recent projections by the Department of Workforce Development (DWD). The state has made a remarkable recovery from COVID-19, with employment fully restored as of the second quarter of 2023. Based on these projections, Wisconsin is projected to create 82,867 new jobs and grow by 2.47% across all industries between 2023 and 2025.

The leisure and hospitality industry, which experienced a sharp decline in employment during COVID-19, is expected to lead employment growth in the next two years, growing by 5.25% or adding 15,342 jobs. This sector plays a critical role in Wisconsin’s economy and is expected to continue its growth trajectory.

In addition to the leisure and hospitality industry, health employment also played a critical role in Wisconsin’s economic recovery, and projections suggest that the education and health services sector will soon surpass pre-pandemic employment levels. The Healthcare Support occupational group is among the top three groups to exceed pre-pandemic levels in 2023.

DWD Secretary Amy Pechacek mentioned that employment in the state is now higher than it was before COVID-19, and the projections indicate that this growth will continue across all industries. In response to the growing economy, workforce programs and initiatives are being advanced to connect job seekers and employers to maximize the benefits of this growth.

For more information on Wisconsin’s industry employment projections, visit the WisConomy projections page.

Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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