Minnesota's jobless rate falls to 5.9 percent - Bring Me The News

Minnesota's jobless rate falls to 5.9 percent

The unemployment rate fell half a percentage point even as employers cut 13,700 jobs in November. The chief of the state's Department of Employment and Economic Development says the mixed results make it hard to draw conclusions about how the labor market is really doing but says he's "cautiously optimistic."
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The unemployment rate fell half a percentage point even as employers cut 13,700 jobs in November. The chief of the state's Department of Employment and Economic Development says the mixed results make it hard to draw conclusions about how the labor market is really doing but says he's "cautiously optimistic."

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DEED: Minnesota jobless rate climbs to 5.9 percent in August

Employers in Minnesota cut 2,000 jobs last month, according to state labor officials with the Department of Employment and Economic Development. The Star Tribune reports, the state's unemployment rate went up one-tenth of a point from July to 5.9 percent. The national jobless figure was 8.1 percent in August.

Jobless rate ticks up as Minnesota employers shed 200 positions

But "the underlying fundamentals of the economy remain strong," said the chief of the state's employment department. The trade, transportation and utility industries were the biggest job gainers in March, while government, manufacturing and construction led the losses.

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