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Tuesday, 23 May 2017

MN sees highest job gains since 2013

Unemployment rate for April remains steady at 3.8 percent, compared to US at 4.4

 

Minnesota employers added 15,100 jobs in April, according to seasonally adjusted figures released today by the Minnesota Department of Employment and Economic Development. It’s the most job gains seen in the state since September 2013.
During the past year, the state’s employers added 34,715 jobs, a gain of 1.2 percent. U.S. jobs grew 1.4 percent during the same period.
Minnesota’s unemployment rate held steady in April at a seasonally adjusted 3.8 percent, compared with a U.S. unemployment rate of 4.4 percent, a release from DEED states.
“This is the largest monthly jobs gain Minnesota has seen in nearly four years,” said DEED Commissioner Shawntera Hardy. “Minnesota has already added nearly 23,000 jobs in the first four months of 2017. That job growth combined with rising wages and increasing work hours all point to strong labor market conditions statewide.”
Sectors seeing the most job growth in April were education and health, adding 4,300 new jobs. Other sectors adding jobs were construction, up 3,600; government, up 3,000; professional and business services added 2,700; manufacturing gained 1,100; other services added 1,000; leisure and hospitality, up 500; and information, up 200.
Trade, transportation and utilities lost 700 jobs last month, financial activities were down 500 and logging and mining was down 100.
Education and health services added the most jobs in the state over the past year, up 18,929. Other sectors adding jobs were services, up 3,212; construction, up 3,021; professional and business services, up 2,858; government added 2,685; financial activities added 2,263; trade, transportation and utilities added 1,899; information added 1,107, logging and mining added 787; and manufacturing was up 391.
Leisure and hospitality, down 2,437, is the only sector that lost jobs over the past 12 months.

 

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