Unemployment rates rose in nearly all large U.S. cities in June as college graduates and many of those still in school began searching for jobs. The unemployment rate in Minneapolis was 5.1 percent, the lowest among the large cities.
While the national economy struggles, Minnesota’s unemployment rate just hit its lowest level in five years.
College students graduating and entering the job market said it’s tough to find work right now. Katie Roehl graduated in May from the University of Minnesota with a degree in communications. “I’m really open to anything right now,” Roehl said.
The U.S. economy added 175,000 jobs in May, a gain that shows employers are hiring at a still-modest but steady pace despite government spending cuts and higher taxes. The unemployment rate rose to 7.6 percent from 7.5 percent in April.
Online, they advertise management positions offering good pay. But people who’ve been hired told WCCO that’s not what they’re getting. Anna lives in the Twin Cities. She didn’t want us to use her last name. She says she’s still afraid after where her job search went months ago. “I just couldn’t believe what they were doing,” Anna said.
Minnesota lost 11,400 jobs in April, and state officials are attributing part of the drop to the persistent wintry weather. The Department of Employment and Economic Development says the cold, snowy April slowed hiring in seasonally sensitive sectors including construction, leisure and hospitality, and local government. The biggest job losses were in trade, transportation and utilities.
At the J.W. Hulme Company in St. Paul, the empty seats at sewing machines tell the story of the biggest challenge for this booming leather goods manufacturer.
A new airline carrier is bringing hundreds of new job opportunities to the Twin Cities.
Supervalu is eliminating about 1,100 positions nationwide, or about 3 percent of its workforce, less than a week after the supermarket operator completed the sale of five of its grocery chains.
About half of Americans say they feel underpaid. Are you one of them?
Minnesota is reporting another month of increased job postings, saying that February saw 14,500 total jobs added to the numbers.
IBM is moving hundreds of its manufacturing jobs out of its Rochester plant and into Mexico, and New York.
Wal-Mart plans to construct a distribution center in Mankato, employing about 300, and helping serve those in the Upper Midwest, the company said on Tuesday.
Officials with Best Buy, Inc., announced Tuesday they’re cutting costs and eliminating 400 jobs at its Richfield headquarters as part of a restructuring plan.
Maintain, repair and install all technical equipment.