Jobless Rate

 The Minnesota unemployment rate fell two-tenths of a percent in November to a seasonally adjusted 4.6 percent, according to figures released by the Minnesota Department of Employment and Economic Development . The U.S. unemployment rate was 7 percent in November.

Spokesman Steve Hine said Minnesota employers shed 800 jobs in November, although that loss was offset by October figures that were revised upward by an additional 1,000 jobs. Private sector employment in Minnesota climbed by 2,400 in November and was revised upward by another 2,300 jobs from October.

Hine said unemployment is now below what it was before the recession hit the state.

Minnesota has gained 39,800 jobs over the past year, a growth rate of 1.4 percent, compared with a U.S. growth rate of 1.7 percent.
Hine said the state economy is growing and outperforming the rest of the country in many key categories.....


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Topics : Business_FinanceLabor
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Locations : Minnesota
People : Steve Hine
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