"Where Fillmore County News Comes First"
Online Edition
Sunday, May 19th, 2013
Volume ∞ Issue ∞
- 5:56:33, May 18th 2013 - modgudur - I guess the child is anti-gun control since Obama went to all that trouble ... [Read More]
- 9:27:41, May 16th 2013 - caal girl - Nice outfit on you. I loved some of the dresses but am holding my breath ... [Read More]
- 2:03:34, May 14th 2013 - - Thanks for sharing the trip with us! ... [Read More]
- 4:12:01, May 9th 2013 - Amanda Ziebell - Wow! Thanks to the Fillmore County Journal for this kind story. For a ... [Read More]
- 11:47:30, May 7th 2013 - EW - ramble.....ramble.....ramble..... ... [Read More]
- 10:25:25, May 7th 2013 - Thunder6 - Great article! I love to see the Youth of Fillmore County receiveing acco ... [Read More]
- 6:52:10, May 6th 2013 - Jason Sethre, Publisher of Fillmore County Journal & Olmsted County Journal - Maryh, ... [Read More]
- 7:29:56, May 5th 2013 - maryh - Where are OCJ's available for pickup...other than at the new office? ... [Read More]
- 2:41:47, May 3rd 2013 - Remark1976 - Mrs. Buckbee, I just looked up Senate File 796 and in it there are said p ... [Read More]
- 2:22:20, May 3rd 2013 - Remark1976 - Mrs. Buckbee, how do you come up with $1.1 billion that trout fishing bri ... [Read More]
Unemployment rate falls to 6.7 percent
Fri, Mar 4th, 2011
Posted in State of Minnesota
Posted in State of Minnesota
Comments
ST. PAUL - The Minnesota unemployment rate declined to a seasonally adjusted 6.7 percent in January, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).
The rate, which was 0.2 percent below December's revised 6.9 percent unemployment rate, was the lowest in Minnesota since December 2008. The U.S. unemployment rate was 9 percent in January.
Minnesota employers added 2,000 jobs during the month. Over the past year, the state has gained 16,500 jobs, for a growth rate of 0.6 percent. The U.S. growth rate during that period was 0.7 percent.
"The figures indicate a slow but steady improvement in the Minnesota labor market," said DEED Commissioner Mark Phillips." While the economy continues to face headwinds, we're seeing a number of positive signs, including growth in temp-help hiring, rising consumer confidence and declining initial claims for unemployment benefits."
Education and health services led all sectors, gaining 4,200 jobs in January. Other gains occurred in leisure and hospitality (up 1,800), other services (up 900), financial activities (up 700), logging and mining (up 500), professional and business services (up 400), construction (up 200), manufacturing (up 200) and information (up 100).
Job losses occurred in trade, transportation and utilities (down 6,700) and government (down 300).
Over the past year, education and health services gained 10,200 jobs, followed by professional and business services (up 7,000), manufacturing (up 4,900), trade, transportation and utilities (up 2,300), logging and mining (up 800) and other services (up 700).
Job losses occurred in the past year in construction (down 4,300), leisure and hospitality (down 1,700), government (down 1,700), financial activities (down 1,300) and information (down 400).
In the state Metropolitan Statistical Areas, job gains occurred in the past 12 months in the St. Cloud MSA (up 2.2 percent), Mankato MSA (up 2.2 percent), Duluth-Superior MSA (up 0.6 percent), Rochester MSA (up 0.4 percent) and Minneapolis-St. Paul MSA (up 0.3 percent).
This month's employment data also includes benchmarks results - an annual revision of employment data from the previous 21 months. The revisions indicate that the state lost 158,300 jobs during the recession, rather than the 162,200 jobs that were originally reported. But the recovery has been slower than originally reported, with 19,300 jobs gained instead of 33,000 as of December 2010.
The revised data also indicates that the seasonally adjusted unemployment rate peaked at 8.5 percent in both May and June 2009, instead of the originally reported 8.4 percent during those months.
DEED is the state's principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and our services, visit us at www.PositivelyMinnesota.com. Follow us on Twitter at www.twitter.com/PositivelyMN.
The rate, which was 0.2 percent below December's revised 6.9 percent unemployment rate, was the lowest in Minnesota since December 2008. The U.S. unemployment rate was 9 percent in January.
Minnesota employers added 2,000 jobs during the month. Over the past year, the state has gained 16,500 jobs, for a growth rate of 0.6 percent. The U.S. growth rate during that period was 0.7 percent.
"The figures indicate a slow but steady improvement in the Minnesota labor market," said DEED Commissioner Mark Phillips." While the economy continues to face headwinds, we're seeing a number of positive signs, including growth in temp-help hiring, rising consumer confidence and declining initial claims for unemployment benefits."
Education and health services led all sectors, gaining 4,200 jobs in January. Other gains occurred in leisure and hospitality (up 1,800), other services (up 900), financial activities (up 700), logging and mining (up 500), professional and business services (up 400), construction (up 200), manufacturing (up 200) and information (up 100).
Job losses occurred in trade, transportation and utilities (down 6,700) and government (down 300).
Over the past year, education and health services gained 10,200 jobs, followed by professional and business services (up 7,000), manufacturing (up 4,900), trade, transportation and utilities (up 2,300), logging and mining (up 800) and other services (up 700).
Job losses occurred in the past year in construction (down 4,300), leisure and hospitality (down 1,700), government (down 1,700), financial activities (down 1,300) and information (down 400).
In the state Metropolitan Statistical Areas, job gains occurred in the past 12 months in the St. Cloud MSA (up 2.2 percent), Mankato MSA (up 2.2 percent), Duluth-Superior MSA (up 0.6 percent), Rochester MSA (up 0.4 percent) and Minneapolis-St. Paul MSA (up 0.3 percent).
This month's employment data also includes benchmarks results - an annual revision of employment data from the previous 21 months. The revisions indicate that the state lost 158,300 jobs during the recession, rather than the 162,200 jobs that were originally reported. But the recovery has been slower than originally reported, with 19,300 jobs gained instead of 33,000 as of December 2010.
The revised data also indicates that the seasonally adjusted unemployment rate peaked at 8.5 percent in both May and June 2009, instead of the originally reported 8.4 percent during those months.
DEED is the state's principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and our services, visit us at www.PositivelyMinnesota.com. Follow us on Twitter at www.twitter.com/PositivelyMN.