April unemployment rate drops slightly despite loss of 4,200 Minnesota jobs - Bring Me The News

April unemployment rate drops slightly despite loss of 4,200 Minnesota jobs

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Minnesota's jobless rate in April edged down ever-so-slightly, despite the loss of 4,200 jobs.

According to the Department of Employment and Economic Development, last month's unemployment rate fell to 4.7 percent from 4.8 percent. The Pioneer Press reported that it's the fourth straight month of weak employment numbers in Minnesota.

While a 2,400 gain in manufacturing jobs "certainly was a bright spot," in Thursday's report, according to Steve Hine, Minnesota's director of labor market research. The "most glaring disappointment in April's report," Hine said, was construction, which lost 2,200 jobs.

The Business Journal adds that Minnesota employers actually added 1,900 fewer jobs in March than had been previously reported. The state has gained 41,934 jobs since April 2013.

"While hiring slowed in April, the overall trend remains positive, with all but one of the state's industrial sectors adding jobs over the past year," said DEED commissioner Katie Clark Sieben.

A breakdown of employment in the state's Metropolitan Statistical Areas and noted that all five regions gained jobs in the past 12 months: Mankato was up 3.1 percent, St. Cloud was up 2.9 percent, Minneapolis-St. Paul was up 1.6 percent, Duluth-Superior was up 0.5 percent and Rochester was up 0.3 percent.

The state's jobless rate continues to be lower than the national rate, which was 6.3 percent in April, down from 6.7 percent in March. But Minnesota jobs increased by 1.5 percent in the past 12 months, compared to the national growth rate of 1.7 percent.

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