[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]October 2015 statewide unemployment[/title][fusion_text]Friday, November 20th 2015
Minnesota’s unemployment rate continues to fall to 3.7 percent even as the state loses more jobs. The Department of Employment and Economic Development reported Thursday that the state lost 1,700 jobs in October. The seasonally adjusted unemployment rate ticked slightly down from 3.8 percent in September. One reeason offered for the contradicting data is more baby boomers are retiring and leaving the workforce. October’s job losses add to a slow stretch for Minnesota. The state also lost 6,700 jobs in September but Minnesota employment is still up by nearly 24,000 for the year. Education, health and business services are major bright spots for job growth in the last year. The nation’s unemployment rate stayed at five percent for October.
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