Jobless Rate



Minnesota employers added 2,600 jobs in March, according to figures released by the Minnesota Department of Employment and Economic Development.

Meanwhile, the state's seasonally adjusted unemployment rate remained unchanged at 4.8 percent, well below the U.S. rate of 6.7 percent.

The gains, offset partially by revised figures showing the state lost 1,100 more jobs than originally reported in February, brought job growth in Minnesota over the past year to 41,582. State jobs have grown 1.5 percent since March 2013, compared with U.S. job growth of 1.6 percent during that period.

DEED Commissioner Katie Clark Sieben said Minnesota is adding jobs at a steady pace and now has added 33,000 more jobs than its previous all-time employment peak that occurred right before the recession, Sieben said after extreme winter weather and a slow start to the year, March gains indicate renewed strength in the economy and continued growth in the months to come.

Professional and business services led all sectors last month with 3,500 new jobs. Other sectors that gained jobs were construction (up 2,700), financial activities (up 1,200), government (up 1,000), information (up 400), manufacturing (up 200) and logging and mining (up 100).

Sectors that lost jobs last month were leisure and hospitality (down 2,700), transportation and utilities (down 2,300), education and health services (down 1,000) and other services (down 500).
 

Filed Under :  
Topics : Business_FinanceLabor
Social :
Locations : Minnesota
People : Katie Clark Sieben
A   A   A