Minnesota Adds 14,500 Jobs In February
MINNEAPOLIS (WCCO/AP) – Minnesota is reporting another month of increased job postings, saying that February saw 14,500 total jobs added to the numbers.
The latest figures show the state just 1,000 jobs short of its previous high-water mark for total jobs, which was back in February 2008.
The Minnesota Department of Employment and Economic Development says there have been more than 50,000 jobs added in Minnesota in the last six months.
“The state labor market is building significant momentum, with all 11 industrial sectors showing healthy job gains over the past year,” DEED commissioner Katie Clark Sieben said. “Nine of those sectors are outpacing the growth rate nationally.”
Minnesota’s seasonally-adjusted unemployment rate of 5.5 percent in February is unchanged from January. The national rate in February was 7.7 percent unemployment.
The top five sectors which added jobs in Minnesota during that time period came from professional and business services, leisure and hospitality, education and health, financial activities, and construction.
Government lost about 1,000 jobs during the month and manufacturing saw a loss of 800.
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