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Minnesota Unemployment Rate Drops To 5.8 Percent In September

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ST. PAUL, MN (KDAL:) - Minnesota employers added 5,900 jobs in September, according to figures released today by the Minnesota Department Employment and Economic Development (DEED).  The agency said the unemployment rate dropped 0.1 percent to a seasonally adjusted 5.8 percent, well below the U.S. rate of 7.8 percent in September. Last month’s job gains combined with new figures from August – revised from 2,000 jobs lost during the month to 700 jobs lost – bring job gains in the state over the past year to about 34,700. Total jobs in Minnesota have grown by 1.3 percent in the past year, compared with a 1.4 percent growth rate nationally.

In the state Metropolitan Statistical Areas, job gains occurred in the past 12 months in the St. Cloud MSA (up 2.9 percent), Mankato MSA (up 2.1 percent), Minneapolis-St. Paul MSA (up 1.3 percent), Rochester MSA (up 0.5 percent) and Duluth-Superior MSA (up 0.3 percent).

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