{"schema_version": 1, "id": "fond-du-lac-wi-msa/finance/2026-08", "product": "Labor Market Pulse", "metro": {"geography_id": 199, "label": "Fond du Lac, WI MSA", "slug": "fond-du-lac-wi-msa"}, "focus_area": {"key": "finance", "slug": "finance", "label": "Finance"}, "period": "2026-08", "public_after": "2026-08-01", "frozen_at": "2026-10-09T16:25:15.718219+00:00", "headline": "Fond du Lac jobs shrink while Senior Accountant pay surges.", "headline_summary": "Fond du Lac has lost jobs on net through 2026 even as unemployment holds near 2.7%, while advertised Senior Accountant pay climbed to $93,000 against a Controller median that fell to $98,924.", "key_indicators": [{"label": "Metro job growth 2026", "value": "-50/month avg", "context": "vs +58/month avg in 2025"}, {"label": "Fond du Lac unemployment", "value": "2.7%", "context": "Dec 2025 NSA, vs 4.1% national"}, {"label": "Wisconsin job trend since Jan 2025", "value": "Net job losses", "context": "While national payrolls kept growing"}, {"label": "Senior Accountant vs Controller pay", "value": "$93,000 vs $98,924", "context": "Local gap narrowed sharply this month"}], "takeaways": [{"headline": "Job losses and low unemployment are telling different stories.", "body": "Fond du Lac has shed jobs on net through 2026 while unemployment holds near 2.7%, consistent with workers exiting the labor force rather than finding better jobs. Budget cycle headcount assumptions built on unemployment rate alone may understate how hard vacated finance roles are to refill."}, {"headline": "Senior Accountant pay is diverging sharply from Controller pay.", "body": "Advertised Senior Accountant pay rose significantly to a metro median of $93,000 \u2014 nearing national levels \u2014 while Controller pay fell to $98,924, well below the $112,500 national median. Compression at the top of the finance ladder may complicate promotion-based retention strategies and succession planning for controller-track staff."}, {"headline": "Tax Specialist pay decline looks like a local anomaly worth checking.", "body": "Metro median advertised pay for Tax Specialists fell to $39,248 against a national median of $66,725 that is itself rising significantly \u2014 an unusually wide gap. Current conditions suggest verifying whether this reflects a genuinely thin local posting sample or a real compensation risk ahead of tax season staffing."}, {"headline": "Statewide job stagnation is a leading indicator, not a lagging one.", "body": "Wisconsin has lost jobs on net since January 2025 even as national payrolls grew, and Fond du Lac's trajectory is tracking that stagnation closely. Finance leaders planning multi-year headcount budgets may want to weight state and metro trend data more heavily than national payroll headlines."}], "local_conditions": "Fond du Lac's job base continued contracting through 2026, averaging 50 jobs lost per month against a 2025 average gain of 58 \u2014 the metro's fifth-worst growth pace since 2006 \u2014 even as unemployment sits near 2.7%, a signal of shrinking labor supply rather than labor market strength. Trade and retail losses statewide (7,500 fewer retail jobs, 11,300 fewer trade jobs year-over-year per DWD) are consistent with local softening, while manufacturing-anchored employers like Grande Cheese continue competing for a shrinking pool of skilled talent.", "implications": "Low unemployment paired with job contraction points to a supply-constrained market rather than a demand-driven one, meaning Finance leaders should expect continued difficulty filling vacated roles even as headcount plans flatten or shrink \u2014 a dynamic that complicates both budget cycle assumptions and close-cycle staffing continuity. Metro-level pay divergence \u2014 Senior Accountant pay up significantly locally while Controller, Financial Analyst, and Tax Specialist pay are down significantly \u2014 suggests employers are reallocating compensation budget toward retention of mid-level technical staff at the expense of senior and analyst-tier roles. Consider reviewing headcount cost forecasts by role tier rather than department-wide averages, since this metro's pay movements are running in opposite directions within the same finance function.", "looking_ahead": [{"category": "Worth watching", "body": "August 2026 metro-level BLS employment data has not yet published; when released, watch whether the monthly job-loss trend seen through spring 2026 persisted or reversed, since that shapes fourth-quarter headcount cost forecasts."}, {"category": "Emerging pressure point", "body": "Wisconsin unemployment rose year-over-year in all 13 metro areas, with Manitowoc County (adjacent to Fond du Lac) up to 3.2% from 2.8%. A regional softening pattern may widen the candidate pool for finance roles sooner than statewide averages suggest."}, {"category": "Early indicator", "body": "National F&A hiring managers report 82% now paying premiums for AI-adjacent skills, with technical accounting and SEC-reporting roles seeing 6\u201315% premiums. Watch whether this pressure reaches Fond du Lac postings for Senior Accountant and FP&A roles, where local pay has already moved independently of national trend."}, {"category": "Potential inflection point", "body": "Wisconsin's median wage hit a record $26.17/hour, but gains are concentrated at the 20th percentile (16% growth 2019\u20132025) versus 8% at the 80th percentile. Sustained compression at the higher end may pressure Controller and FP&A Manager retention budgets specifically, not entry-level roles."}], "roles": [{"role": "Controller", "data_scope": "metro", "metro_p25": 93777.0, "metro_p50": 98924.0, "metro_p75": 98924.0, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 112500.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Senior Accountant", "data_scope": "metro", "metro_p25": 80616.5, "metro_p50": 93000.0, "metro_p75": 93000.0, "metro_trend_direction": "up", "metro_trend_magnitude": "significant", "national_p50": 87731.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Financial Analyst", "data_scope": "metro", "metro_p25": 66620.0, "metro_p50": 68760.0, "metro_p75": 72884.0, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 82905.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Billing Specialist", "data_scope": "metro", "metro_p25": 40942.0, "metro_p50": 54650.0, "metro_p75": 56836.0, "metro_trend_direction": "up", "metro_trend_magnitude": "significant", "national_p50": 49700.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}, {"role": "Tax Specialist", "data_scope": "metro", "metro_p25": 33446.0, "metro_p50": 39248.2, "metro_p75": 43354.75, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 66725.0, "national_trend_direction": "up", "national_trend_magnitude": "significant"}, {"role": "Credit Analyst", "data_scope": "state_rollup", "metro_p25": 52941.0, "metro_p50": 65134.4, "metro_p75": 70000.0, "metro_trend_direction": "down", "metro_trend_magnitude": "moderate", "national_p50": 72000.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}, {"role": "FP&A Manager", "data_scope": "state_rollup", "metro_p25": 96608.0, "metro_p50": 113865.0, "metro_p75": 123678.0, "metro_trend_direction": "stable", "metro_trend_magnitude": "stable", "national_p50": 127341.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}], "industry_snapshot": [], "citations": [], "methodology": "Advertised pay from active employer job postings, not survey data. WageScape's median is calibrated to correct for spurious low-value postings: distribution analysis shows roughly the lowest 10% of raw values are erroneous entries, so the reported median is the 60th percentile of raw advertised pay.", "edition_label": "September 2026", "files": {"html": "fond-du-lac-wi-msa/finance/2026-08.html", "pdf": "fond-du-lac-wi-msa/finance/2026-08.pdf"}, "published_at": "2026-10-09T16:33:59.385146+00:00", "report_html_url": "https://reports.wagescape.com/archive/v1/editions/fond-du-lac-wi-msa/finance/2026-08.html", "report_pdf_url": "https://reports.wagescape.com/archive/v1/editions/fond-du-lac-wi-msa/finance/2026-08.pdf"}