Unemployment Rate Remained Steady in March

Minnesota's unemployment rate in March held at 4.5% while the national rate ticked down one-tenth of a percentage point to 4.3%, according to data released today by the Minnesota Department of Employment and Economic Development (DEED).

"March was closer to a flat month for the state's labor market, which is an improvement over February," said DEED Commissioner Matt Varilek. "It's good to see some initial signs of stabilization in the unemployment rate and jobs numbers following the peak of Operation Metro Surge – but I continue to believe Minnesota and the nation face a long road to recovery, amidst other headwinds like high energy prices."

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