Minnesota Sees Slight Uptick in Unemployment in June
Rochester, MN (KROC AM News) - Minnesota’s seasonally adjusted unemployment rate rose slightly last month even though the state saw a net gain of about 2,900 jobs.
The State Department of Employment and Economic Development put the jobless rate for June at 3.9-percent, which was up a tenth of a point from May and matched the unemployment rate from June of last year.
The latest statistics show Minnesota has seen a net gain of just over 41,600 jobs during the past year for a job growth rate of 1.5-percent, compared to the national average of 2.1-percent. 90-percent of Minnesota’s job growth over the past year has occurred in the Twin Cities, while the Rochester area experienced a slightl decline in total employment over the past 12 months.
Statewide, the education and health services sectors added 3200 jobs last month, while construction employment grew by about 2600 jobs, which put that sector’s job total above 110,000 for the first time since July of 2008.