DEED: Minnesota Job Growth Streak Continues

Minnesota employers added 6,300 jobs in September according to data from the Minnesota Department of Employment and Economic Development (DEED). The state's unemployment rate increased slightly to 3.4%, which is lower than the national rate of 4.1%. And Minnesota's labor force participation rate held steady for the third month in a row at 67.7%, one of the highest in the country.

"This was another strong month for Minnesota's jobs market," said DEED Commissioner Matt Varilek. "With ongoing job growth, low unemployment, wages outpacing inflation and high labor force participation, plus surging exports and record business expansions, the Minnesota economy is robust entering the final quarter of the year – even as we partner with the business community, higher education, nonprofits and others to address challenges including the ongoing workforce shortage."

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