Minnesota Posts Big Job Gains in November
21 Dec 2023
News
St. Paul -- Minnesota gained 9,500 jobs from October to November, the fifth straight month of growth, the largest increase since January and well higher than the national rate, according to numbers released today by the Minnesota Department of Employment and Economic Development (DEED).
Minnesota jobs grew 0.3% on a seasonally adjusted basis last month, outpacing the nation as whole (up 0.1%). Minnesota's unemployment rate ticked down one-tenth of a percentage point to 3.1% in November, compared to 3.7% nationally. Over the last three months, jobs in Minnesota grew by 17,300, or 0.6% – far higher the national rate for that timeframe (up 0.2%).
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