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.
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.
For the first time in state history, Minnesota’s labor force surpassed three million, thanks to a good month of March.
U.S. employers added jobs at a solid pace in March in the latest sign that the economy is rebounding from a weak stretch brought on by a harsh winter. The Labor Department says employers added 192,000 jobs, slightly below February’s total of 197,000.
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.
New Minnesota job numbers are showing steady recovery from the worst days of the recession just a few years ago.
Minnesota’s unemployment rate remained at 4.7 percent in January, with employers adding 600 new jobs. The Department of Employment and Economic Development says Thursday that January’s figure was unchanged from the seasonally adjusted revised rate of 4.7 percent.
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.
Earlier this month, unemployment benefits for more than one million Americans expired. It’s something that didn’t sit well with some lawmakers. Democratic Representative Keith Ellison spoke about the issue at the Sabathani Community Center in Minneapolis Saturday morning.
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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.
Minnesota’s unemployment rate has dropped below 5 percent for the first time in nearly six years as the state climbs further out of the deep hole caused by the Great Recession. The Department of Employment and Economic Development reports Thursday that October’s unemployment rate was 4.8 percent.
Minnesota businesses will see lower unemployment insurance taxes starting next year. The Minnesota Department of Employment and Economic Development says Tuesday that the unemployment insurance trust fund’s $1.2 billion reserve at the end of September was enough to trigger a tax cut.