Minn. unemployment rate unchanged in May

ST. PAUL, Minn. (AP) — Minnesota’s unemployment rate is unchanged in May compared to the previous month, as employers added 8,400 jobs.

That’s according to the state Department of Employment and Economic Development. The agency says the seasonally adjusted unemployment rate for May was 5.3 percent, the same as it was in April. The state also lost fewer jobs in April than originally estimated.

That’s in comparison to a national unemployment rate of 7.6 percent.

The agency says Minnesota has now regained just over 93 percent of the jobs lost during the recession. The state is 10,700 jobs shy of the pre-recessionary peak.

The biggest gaining job sectors in May were leisure and hospitality, government, professional and business services, and education and health services.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s