Labor & Economic News Blog
Wednesday, December 20, 2006
New jobs outnumber new workers as Minnesota's jobless rate is unchanged
New jobs outnumber new workers as state's jobless rate is unchangedIn StarTribune.com Business
Minnesota's unemployment rate was unchanged in November at 3.9 percent, seasonally adjusted, as the state added 12,300 jobs and 10,000 Minnesotans joined the labor force, according to the state's monthly jobs report released Tuesday. It was the third consecutive month of increases in the number of Minnesotans working or looking for work, the report by the Minnesota Department of Employment and Economic Development said. The additions averaged 12,000 a month and raised the state's labor force participation rate from an all-time low of 73 percent to 73.8 percent last month, the report said.
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