Jobless Rate Continues to Drop News | March 10, 2023 | 0 | by Morgan McCarthy Wisconsin’s unemployment rate is below three percent, but the state isn’t back to pre-pandemic job levels yet. The latest report from the Department of Workforce Development puts the state’s jobless rate at two-point-nine percent. That’s down from three percent at the end of last year. The labor participation rate, however, continues to lag. DWD says 64-and-a-half percent of people in Wisconsin are working. That’s about two points lower than the labor participation rate just before the coronavirus outbreak in 2020.