September Jobless Rate Steady at 7 Percent
ST. PAUL - Minnesota's seasonally adjusted unemployment rate held steady at 7 percent in September, according to figures released today by the Minnesota Department of Employment and Economic Development.
The state unemployment rate remained well below the U.S. rate, which stood unchanged at 9.6 percent in September.
Minnesota employers trimmed 9,900 jobs during the month. In the past year, employment in Minnesota has grown by 1.1 percent, compared with a U.S. growth rate of 0.2 percent.
"September's employment picture is a reminder that economic recoveries are uneven," said DEED Commissioner Dan McElroy.
"Goods-producing industries showed particular strength in September. Construction gained 3,100 jobs, more than it has since April 2005, and manufacturing added jobs for the fourth consecutive month," said McElroy.
In addition to gains in construction, other sectors that added jobs in September were trade, transportation and utilities (up 1,400), manufacturing (up 1,300), information (up 900) and financial activities (up 200).
Job losses occurred in professional and business services (down 4,000), government (down 3,800), leisure and hospitality (down 3,500), education and health care (down 2,900), other services (down 2,500), and mining and logging (down 100).