Minnesota added 8,600 jobs in November; unemployment rate drops

·1 min read

Dec. 16—Minnesota continues to experience steady job growth with the state adding 8,600 jobs in November, according to the state's latest jobs report.

The Minnesota Department of Employment and Economic Development report released Thursday showed the seasonally adjusted unemployment rate fell 0.2 percentage points, to 3.3 percent last month. The national rate for the month is 4.2 percent.

Minnesota has regained 304,400, or 73 percent, of the jobs lost since the beginning of the coronavirus pandemic.

"Continued job growth this fall has put Minnesota on a steadier path for growth," DEED Commissioner Steve Grove said in a prepared statement. "Combined with significant wage increases, the job market in Minnesota is hot."

Other key details in Thursday's DEED announcement:

— The average hourly wage in Minnesota rose 42 cents, to $33.79, in November for private-sector jobs. That is an increase of $1.73, or 5.4 percent, since November 2020.

— The labor force participation rate was 67.7 percent in November, down from 67.8 percent the month before. The U.S. rate in November was 61.8 percent.

WHERE THE JOBS WERE

How industries fared in November:

— Leisure and hospitality, up 2,900 employees.

— Professional and business services up 2,100.

— Educational and health services, up 1,600.

— Construction, up 1,500.

— Manufacturing, up 1,500.

— Other services up 1,200.

— Trade, transportation and utilities, up 600.

— Government employers were down 1,600 jobs.

— Information, down 700.

— Financial activities, down 400.

— Mining and logging, down 100.

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