State Gains 4,400 Jobs in June
September 15, 2017
Minnesota surpasses 3 million total jobs for first time in state history
Minnesota’s unadjusted job count passed the 3 million mark in June for the first time ever, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).
The agency said the state added 4,400 jobs in June on a seasonally adjusted basis and has gained 77,478 jobs over the past year, the biggest over-the-year job gain since May 1998. Job growth in Minnesota is up 2.6 percent over the past year, compared with a national job growth rate of 1.5 percent.
The state’s seasonally adjusted unemployment rate held steady in June at 3.7 percent. The U.S. unemployment rate was 4.4 percent.
“The labor market continues to put up impressive numbers, with Minnesota adding 314,261 jobs since the recession ended eight years ago in June,” said DEED Commissioner Shawntera Hardy. “All 11 of the state’s industrial sectors have gained jobs in the past year, and nine of the 11 are growing faster than nationally.”
Leisure and hospitality led all sectors in June with 4,500 new jobs. Other industries posting job gains were professional and business services (up 2,300), manufacturing (up 2,100), government (up 1,500) and construction (up 900).