Not Taking the Expansion for Granted
February 27, 2019
Minnesota’s seasonally adjusted unemployment rate held at 2.8 percent in November 2018 for the third month in a row. The state’s unemployment rate remains the lowest since May 1999 and three tenths of a point above the all-time low of 2.5 percent (January and February, 1999).
October’s gain of 3,400 jobs was reduced to 2,500 after revision.