Department Of Employment And Economic Development

(credit: CBS)

Officials: Unemployment Is The Lowest It’s Been Since May 2001

State officials say Minnesota employers added more than 6,000 jobs last month and that the state’s unemployment rate is now the lowest it’s been in more than a decade.

12/18/2014

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Minnesota Exports Record $5.5B In Third Quarter

State officials say Minnesota exports have jumped nearly 6 percent in the last year. Minnesota exported a record $5.5 billion of manufactured, agricultural and mining products in the third quarter of 2014, the Department of Employment and Economic Development announced Wednesday. That’s up 5.8 percent from the same period last year.

12/17/2014

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Minnesota’s Unemployment Rate Continues To Fall

The latest snapshot of Minnesota’s workforce is being released. State officials were expected to publish monthly employment statistics Thursday for October, including how many Minnesotans don’t have jobs.

11/20/2014

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Vascular Solutions Subsidy Scrapped

Minnesota’s economic development agency has withdrawn a hefty subsidy offer to a medical-device company after the firm and its leader were hit with criminal charges.

11/19/2014

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2 Views Of State Economy Shade Governor Race

As Minnesota Gov. Mark Dayton makes the case for a second term, a major theme he’s pressed is that the state economy has outperformed most of the Upper Midwest on his watch. How voters view the economy will go a long way in determining how Dayton, a Democrat, fares in November. Republicans concede things have turned around but they say the recovery has been far from robust. There’s no shortage of ways to measure the economy, and each side will spend the next 10 weeks debating whether the glass is half-full or half-empty.

08/23/2014

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Minnesota Sheds Jobs; July Unemployment At 4.5%

A new rundown on unemployment is coming from the agency that keeps tabs on Minnesota’s job figures. The Department of Employment and Economic Development planned to provide statistics Thursday covering July.

08/14/2014

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Minnesota Unemployment Hits Lowest Level Since 2007

New figures related to Minnesota’s employment rate are being released. The state’s Department of Employment and Economic Development planned Thursday to provide the unemployment rate for June. They’ll also say whether more jobs were gained or lost.

07/17/2014

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Minnesota Jobless Rate At Lowest Level In 7 Years

Minnesota has registered its lowest unemployment rate in seven years after May’s figure was pegged at 4.6 percent. The Department of Employment and Economic Development reported Thursday that 10,300 jobs were gained last month, help pushing the seasonally adjusted unemployment rate down a notch.

06/19/2014

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Minnesota Unemployment Rate Ticks Up In Feb.

Minnesota’s unemployment rate has climbed slightly to a seasonally adjusted 4.8 percent, with employers cutting 100 jobs. The rate for February was one-tenth of a point higher than January’s figure.

03/27/2014

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If You’re Out Of Work, Here’s A Way To Make Yourself More Marketable

It can happen to any of us. Without much warning, you find yourself out of a job. Angela Davis spent some time looking into the help that’s available.

02/12/2014

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Unemployment Steady At 4.6 Percent In Minnesota

Minnesota’s unemployment rate held steady at 4.6 percent in December, with employers adding 9,500 new jobs. The Department of Employment and Economic Development said Thursday that the seasonally adjusted rate remains well below the U.S. unemployment rate of 6.7 percent.

01/23/2014

Commissioner Katie Clark Sieben  (credit: Bill Klotz/Finance & Commerce)

Minn. Launches New Job Creation Program

Businesses looking to expand their operations and hire new employees in Minnesota may not qualify for help from a new job creation fund. The program was announced Friday by Gov. Mark Dayton and Katie Clark Sieben, commissioner of the Department of Employment and Economic Development. “The $24 million Job Creation Fund is now open for business,” Katie Clark Sieben said. She says the “pay for performance” business development initiative will help create 5,000 jobs, and another $450 million of private investment into the economy.

01/10/2014

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Minn. Unemployment Rate Drops A Tick In November

Minnesota unemployment rate has fallen again, to 4.6 percent in November, as officials point to continuing signs of economic improvement. The Department of Employment and Economic Development said Thursday that the seasonally adjusted rate was two percentage points lower than the month before.

12/19/2013

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Minn. Official To Discuss 2 New Trade Offices

The sites of two new Minnesota trade offices are being formally announced. The Department of Employment and Economic Development planned to reveal the locations on Tuesday. Earlier this month, the agency posted advertisements in the State Register seeking contractors in Brazil and South Korea.

12/17/2013

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New Minn. Loan Fund Geared Toward Start-Up Firms

Minnesota officials announced a new loan fund Thursday that offers start-up businesses up to $250,000 in interest-free help. Gov. Mark Dayton and his top economic development official described the Angel Loan Fund, which was established using federal money but administered by state officials.

12/12/2013

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