State Gains 10,200 Jobs in May
Thursday, July 12, 2018
Unemployment rate drops to 3.1 percent
ST. PAUL – Minnesota employers added 10,200 jobs in May, according to seasonally adjusted figures released today by the Minnesota Department of Employment and Economic Development (DEED).
With those gains, the state has added 29,188 jobs in the past year, a 1 percent growth rate. The U.S. rate of job growth during that period was 1.7 percent.
Minnesota’s seasonally adjusted unemployment rate fell to 3.1 percent in May, the lowest level since July 2000. The U.S. unemployment rate was 3.8 percent in May.