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Mar 7, 2024 · Minnesota’s unemployment rate remained low and remarkably steady over the past two years. The state’s seasonally adjusted unemployment rate was 2.9% in December 2023; the same rate as one year prior and just one tenth of a percentage point different than year before that. Job openings continued to far outpace job seekers.
Jul 26, 2022 · Minnesota's 1.8% unemployment rate in June was the lowest ever recorded by a state over a half-century of recordkeeping. State officials say the low jobless rate is mostly a good thing.
Aug 7, 2024 · The unemployment rate peaked at 11.2% in the spring of 2020, 3.6 percentage points below the national peak, and it has remained low - not rising above 3% since December 2021.
5 days ago · In Minnesota, Mille Lacs County, MN had the highest unemployment rate at 3.7%. Rock County, MN had the lowest at 1.5%. Hennepin County, MN, the county with the largest labor force in the state, had an unemployment rate of 3.1%. The latest county-level data is from September 2024.
Despite this, Minnesota does not have the lowest unemployment rate in the nation or the Midwest. At 2.7% in March 2024, Minnesota's rate ranked seventh lowest among states, tied with Kansas, coming in lower than our neighboring states of Iowa (2.9%) and Wisconsin (3.0%) but higher than North Dakota (2.0%), South Dakota (2.1%) and Nebraska (2.5%).
Aug 30, 2023 · The latest data shows that Minnesota has a lower unemployment rate than the US overall. Published by the Bureau of Labor Statistics (BLS), the official unemployment rate is the number of active job seekers divided by the labor force. The BLS defines active job seekers as people who are not working and have submitted a job application at least ...
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Nov 1, 2022 · The District of Columbia had the highest unemployment rate, 4.7 percent, followed by Illinois, 4.5 percent. In total, 28 states had unemployment rates lower than the U.S. figure of 3.5 percent, 21 states and the District had higher rates, and 2 states had rates that were equal to that of the nation.
