Minnesota's unemployment rate drops to 6.9 percent
The state's jobless rate remains well below the national average -- 9.1 percent. Still, employers statewide cut 7,400 jobs last month.
The state's jobless rate remains well below the national average -- 9.1 percent. Still, employers statewide cut 7,400 jobs last month.
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Minnesota's jobless rate remains 5.6 percent for the third straight month, according to the figures released Minnesota Department of Employment and Economic Development. Employers added 7,200 jobs last month to end a three-month skid of job losses in the state. Minnesota is still well below the national unemployment rate of 8.2 percent.
The state jobless rate remained unchanged at 5.6 percent even as Minnesota employers shed 900 jobs in May, according to the state Department of Employment and Economic Development. The U.S. unemployment rate was 8.2 percent last month.
Minnesota employers added 6,200 jobs last month, but the state's jobless rate still went up a tenth of a percent to 5.7 percent. Minnesota's jobless rate remains well below the U.S. rate of 8.3 percent. Education and health services added the most jobs.
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.
January unemployment dropped a tenth of a percent in Minnesota as employers added another 15,500 jobs. The unemployment rate for the state is at 5.6 percent. Minnesota's jobless rate is well below the national figure, but job growth is slower than the nation as a whole.
The Star Tribune reports the state has one of the highest jobless rates in the country for vets at 23 percent or nearly 5,000 people. Analysts believe some employers may not be hiring soldiers in fear they’ll be deployed again.
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