"Where Fillmore County News Comes First"
Online Edition
Saturday, May 25th, 2013
Volume ∞ Issue ∞
- 11:44:26, May 21st 2013 - airmaxs52274 - Have you ever thought about adding a little bit more than just your a ... [Read More]
- 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]
30
Should consumers have to pay sales tax on online purchases?
Jobless rate falls to 5.9 percent ~ employers cut 13,700 jobs in November
Fri, Dec 16th, 2011
Posted in Business Announcements
Posted in Business Announcements
Comments
ST. PAUL - The Minnesota unemployment rate fell by 0.5 percent in November to a seasonally adjusted 5.9 percent, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). The unemployment rate was the lowest in Minnesota since October 2008 and well behind the U.S. rate of 8.6 percent in November.
State employers eliminated 13,700 jobs in November, and October figures were revised to reflect an additional 1,200 jobs lost during that month. The state has lost 22,900 jobs over the past three months, even while the unemployment rate was falling from 7.2 percent to 5.9 percent during that period.
Several factors could account for the conflicting results, including sampling errors in the separate surveys that are used to tabulate the unemployment rate and employer hiring, more people becoming self-employed or contract workers, changes in Bureau of Labor Statistics methodology, and a declining labor force participation rate.
"The mixed results make it difficult to draw clear conclusions about how well the labor market is doing," said DEED Commissioner Mark Phillips. "I'm cautiously optimistic, however, that the economy is moving in the right direction."
Education and health services led all sectors in November, gaining 1,300 jobs. Logging and mining held steady.
Job losses occurred in leisure and hospitality (down 4,400), government (down 4,000), construction (down 1,600), manufacturing (down 1,200), professional and business services (down 1,100), financial activities (down 800), trade, transportation and utilities (down 700), information (down 600) and other services (down 600).
Over the past year, job gains have occurred in education and health services (up 9,000), professional and business services (up 5,000), leisure and hospitality (up 4,000), trade, transportation and utilities (up 2,200), manufacturing (up 1,800), financial activities (up 1,100), construction (up 400), and logging and mining (up 200).
Government led year-over-year job losses, down 12,800, followed by information (down 1,500) and other services (down 200).
In the state Metropolitan Statistical Areas, job gains occurred in the past year in the Mankato MSA (up 3 percent), Rochester MSA (up 1.2 percent) and Minneapolis-St. Paul MSA (up 1 percent). Job losses occurred in the St. Cloud MSA (down 1.1 percent) and the Duluth-Superior MSA (down 0.7 percent).
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.
State employers eliminated 13,700 jobs in November, and October figures were revised to reflect an additional 1,200 jobs lost during that month. The state has lost 22,900 jobs over the past three months, even while the unemployment rate was falling from 7.2 percent to 5.9 percent during that period.
Several factors could account for the conflicting results, including sampling errors in the separate surveys that are used to tabulate the unemployment rate and employer hiring, more people becoming self-employed or contract workers, changes in Bureau of Labor Statistics methodology, and a declining labor force participation rate.
"The mixed results make it difficult to draw clear conclusions about how well the labor market is doing," said DEED Commissioner Mark Phillips. "I'm cautiously optimistic, however, that the economy is moving in the right direction."
Education and health services led all sectors in November, gaining 1,300 jobs. Logging and mining held steady.
Job losses occurred in leisure and hospitality (down 4,400), government (down 4,000), construction (down 1,600), manufacturing (down 1,200), professional and business services (down 1,100), financial activities (down 800), trade, transportation and utilities (down 700), information (down 600) and other services (down 600).
Over the past year, job gains have occurred in education and health services (up 9,000), professional and business services (up 5,000), leisure and hospitality (up 4,000), trade, transportation and utilities (up 2,200), manufacturing (up 1,800), financial activities (up 1,100), construction (up 400), and logging and mining (up 200).
Government led year-over-year job losses, down 12,800, followed by information (down 1,500) and other services (down 200).
In the state Metropolitan Statistical Areas, job gains occurred in the past year in the Mankato MSA (up 3 percent), Rochester MSA (up 1.2 percent) and Minneapolis-St. Paul MSA (up 1 percent). Job losses occurred in the St. Cloud MSA (down 1.1 percent) and the Duluth-Superior MSA (down 0.7 percent).
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.
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