DEED: Jobs up by 4,400 in Minnesota; State Marks a Half Year of Steady Labor Force Growth

DEED: Jobs up by 4,400 in Minnesota; State Marks a Half Year of Steady Labor Force Growth Main Photo

19 Sep 2023


News

Minnesota gained 4,400 jobs from July to August and the labor force grew for a sixth straight month, according to data released today by the Minnesota Department of Employment and Economic Development (DEED).

Minnesota and U.S. employment both grew 0.1% over the month, with Minnesota's private sector job growth – up 4,800 jobs in August – outpacing national private sector job growth. With 3,225 people entering the labor force last month, the labor force participation rate held steady over-the-month at 68.5% and Minnesota's unemployment rate ticked up one-tenth of a point to 3.1% in August.

"More people are joining the labor force, and our continued labor force growth is great news for Minnesota employers, many of whom continue to look for the workers they need in our tight labor market," said DEED Commissioner Matt Varilek. "It's also great news for Minnesotans who are preparing for and finding employment. DEED and our workforce development partners are ready to help both employers and job seekers meet their employment goals."

Click here to view the original article from DEED.