Minnesota’s unemployment remained steady in December, according to the Minnesota Department of Employment and Economic Development (DEED). The state’s seasonally adjusted unemployment rate remained steady at the previous month’s rate of 3.3%.
The U.S. unemployment rate also remained consistent from the
previous month at 3.5%.
Minnesota added 3,978 jobs on a seasonally adjusted basis
since December 2018, a 0.1% increase. Additionally, the average wage rate
within the private sector increased by 24 cents in December, a 4% increase over
The state’s labor force participation rate remained at 70.3%,
compared to a national rate of 63.2%.
“Minnesota remains a national leader in labor force
participation rates as more Minnesotans are stepping from the sidelines to
employment, however we continue to experience a tight labor market and slowing
job growth,” said DEED Commissioner Steve Grove.
Construction saw more job losses in December, down 200 jobs
from the previous month. Other industries that saw job losses included Education
and Health Services, Manufacturing, and Information.
In the state’s Metropolitan Statistical Areas, almost all geographical areas saw small increases: Minneapolis-St. Paul MSA (up 0.1%), Rochester MSA (up 0.1%), St. Cloud MSA (up 0.7%), Duluth-Superior MSA (down 0.4%), and Mankato MSA (up 1%).