Unemployment steady at 3.8 percent despite May job losses
Published 10:22 am Friday, June 17, 2016
ST. PAUL — Minnesota’s unemployment rate remains at 3.8 percent despite shedding nearly 2,000 jobs in May.
Those figures come from the Department of Employment and Economic Development’s latest data released Thursday. The lackluster performance follows a strong April in which the state added more than 15,000 jobs, the largest one-month gain since September of 2013.
Even after a strong April, a 1.7 percent nationwide job growth rate for the year is outpacing Minnesota’s 1 percent growth.