Daily Journal masthead

May brings only small shift in Minnesota unemployment picture as rate ticks up to 3.8 percent


ST. PAUL, Minnesota — Minnesota's unemployment rate has barely budged in a year and has registered at 3.8 percent for May.

That's within a tenth of a percent of what it was a year ago in June and a tick higher than it was in April. Minnesota's unemployment rate remains well below the nation's 5.5 percent.

The Minnesota Department of Employment and Economic Development said Thursday employers cut 200 jobs overall, a small dent in the state's year-to-year gain of 38,000 jobs. Minnesota's growth rate lags the national average but its labor force participation rate of 70.8 percent is one of the country's best.

There was job growth in several sectors, including trade, transportation, utilities, financial services, government and construction. Losses were seen in professional and business services, leisure and hospitality, manufacturing and education.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)




Follow Daily Journal:

All content copyright ©2015 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.