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St. Paul, MN – Minnesota’s employment level, unemployment rate and labor force were stable in June, with metrics unchanged over the month, according to new data from the Department of Employment and Economic Development (DEED).
Minnesota lost 800 jobs in June, effectively flat, and the unemployment rate was unchanged at 3.3%. More than 2,100 Minnesotans joined the labor force – continuing the state’s strong streak of labor force gains in 10 out of the last 12 months – and the labor force participation rate was also unchanged at 68.2%.
Both figures continue to compare favorably to the United States as a whole: the nation's unemployment rate is 4.1% and the labor force participation rate is 62.3%.
Despite the flat month, Minnesota experienced above-average job growth over the year. Minnesota added more than 48,500 jobs, or 1.6%, with the private sector growing by almost 35,000 jobs, or 1.3%, faster growth than the U.S. as a whole (1.1% and 1.0%, respectively).
“Minnesota’s labor market is in a favorable spot, with low unemployment and a growing labor force,” said DEED Commissioner Matt Varilek. “Despite the disruptions we’re seeing nationally, Minnesota employers continue to hire and workers are entering the labor force looking for jobs.”
Over the month, five supersectors added jobs, led by a big gain in Construction (up 2,200 jobs, or 1.6%) and growth in Trade, Transportation & Utilities (up 1,700 jobs, or 0.3%), and Information (up 200 jobs, or 0.5%).
Five supersectors lost jobs, including Manufacturing (down 1,700 jobs, or 0.5%), Leisure & Hospitality (down 1,300 jobs, or 0.5%) and Other Services (down 800 jobs, or 0.7%).
Government added 1,500 jobs, but that growth occurred entirely at the local level – both the state (down 200 jobs) and federal governments (down 100 jobs) lost jobs in June.
“This is a very stable, steady and good report” said Angelina Nguyen, DEED Labor Market Information director. “Many of our key indicators remained the same or continued to show improvement.”
Visit the DEED website to view full state and national employment statistics, monthly jobs numbers and further analysis of this month's data. You can also find alternative measures of unemployment. In addition, find related articles about job growth and labor market changes in the latest issue of Minnesota Employment Trends. Access resources to help Minnesotans prepare for and find employment now at CareerForceMN.
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Upon request, this information can be made available in alternate formats for people with disabilities by contacting the DEED Communications Office at 651-259-7161.
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