March Unemployment

Minnesota employers shed 4,200 jobs in April, according to figures released Thursday by the Minnesota Department of Employment and Economic Development.

March figures were revised downward from 2,600 jobs gained to 700 jobs gained.

The unemployment rate fell to a seasonally adjusted 4.7 percent in April. The state has added nearly 42,000 jobs in the past year, a growth rate of 1.5 percent, compared with a U.S. growth rate of 1.7 percent during that period.

DEED Commissioner Katie Clark Sieben said while hiring slowed in April, the overall trend remains positive, with all but one of the state's industrial sectors adding jobs over the past year.

Manufacturers added 2,400 jobs in April, reaching a post-recession high of 315,000 jobs. Other sectors that added jobs in April were government, up 1,500 and information, up 200. Trade, transportation and utilities held steady.

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Topics : Business_FinanceLabor
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Locations : Minnesota
People : Katie Clark Sieben
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