Minn. rebuilds employment to pre-recession level

ST. PAUL, Minn. (AP) — Minnesota has rebuilt the employment level it saw prior to the last recession and then some.

A report Thursday from the Minnesota Department of Employment and Economic Development shows 12,200 jobs were gained in August. That means Minnesota has recouped the more than 150,000 jobs that were shed in the Great Recession toward the end of the last decade.

Minnesota has 5,100 more jobs in its economy than it had in February 2008. The recession hit soon after.

The same employment report shows the state’s seasonally adjusted unemployment rate for the month was 5.1 percent, which is better than the national average. It is Minnesota’s lowest jobless rate since April 2008.

Agency Commissioner Katie Clark Sieben calls the report “a major milestone in the recovery of Minnesota’s economy.”

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