News

Minnesota Unemployment Rate Drops to Nearly 19-year Low

Minnesota Unemployment Rate Drops to Nearly 19-year Low

Photo: WNAX


Minnesota’s unemployment rate dropped to nearly a 19-year low of 2.9 percent in August — versus the national jobless rate of just under four percent.  Employers shed 200 jobs last month, but state analyst Steve Hine says over-the-year job growth in Minnesota

Construction has seen the greatest job growth in Minnesota over the past year at nearly three times the average for all sectors.  Job growth in leisure and hospitality is also very strong, which Hine argues is a good indication of the “robustness” of Minnesota’s economy.  Job growth in logging and mining remains sluggish, and the “financial activities” sector actually lost jobs over the past year.

Recent Headlines

1 week ago in Local

WHAT DOES MARIJUANA RECLASSIFICATION MEAN FOR SOUTH DAKOTA?

SIOUX FALLS, S.D. (Dakota News Now) – President Trump’s executive order to reschedule marijuana from a Schedule 1 to a…

1 week ago in Local

GOVERNOR RHODEN ANNOUNCES $200,000 GRANT SUPPORTING KEEP FARMERS FARMING PROGRAM

SIOUX FALLS, S.D. (Dakota News Now) – On Monday, Governor Rhoden announced a $200,000 grant from the Future Fund for…

1 week ago in Local

ICE’S YEAR IN SOUTH DAKOTA, FROM SMALL TOWNS TO OPERATION: PRAIRIE THUNDER

SOUTH DAKOTA (Molly Wetsch / South Dakota News Watch) – Five months after Operation: Prairie Thunder officially began, the South Dakota…

2 weeks ago in Local

SOUTH DAKOTA STATE ECONOMIST SAYS FARM ECONOMY HAS HELD BACK SALES TAX REVENUES

SIOUX FALLS, S.D. (Joshua Haiar / South Dakota Searchlight) – South Dakota’s State Economist Derek Johnson told the state Banking…

2 weeks ago in Local

STATE SPENDS $43,000 IN TROOPER OVERTIME FOR OPERATION PRAIRIE THUNDER

PIERRE, S.D. (John Hult / South Dakota Searchlight) – The South Dakota Department of Public Safety says a saturation patrol…