Minnesota Adds 3,300 Jobs in June
Thursday, August 01, 2019
Labor force participation rate increases to 70%
ST. PAUL – Minnesota gained 3,300 jobs in June and the state’s unemployment rate held at 3.3% according to figures released by the Minnesota Department of Employment and Economic Development (DEED). The U.S. unemployment rate was 3.7%.
May’s previously announced gain of 100 jobs was revised upward to 2,000 jobs. The state has now gained jobs in four consecutive months for the first time since February 2018. Annual employment growth rebounded to 20,992 for a 0.7% gain.
Minnesota’s labor force participate rate also inched up a tenth point to an even 70%.