Minnesota adds 3,600 jobs in April
Saturday, June 01, 2019
Construction led all sectors annually, gaining 10.5 percent over the previous year
ST. PAUL – Minnesota gained 3,600 seasonally adjusted jobs in April, according to figures released by the Minnesota Department of Employment and Economic Development (DEED).
Minnesota annual job gains were up 14,434 or 0.5 percent since last April, however, the first four months of 2019 have only netted 700 additional jobs.
The state’s seasonally adjusted unemployment rate rose to 3.3 percent, an increase of one tenth of a percent. In so doing, the number of unemployed Minnesotan’s topped 100,000 for the first time since August 2017. The U.S. unemployment rate was 3.6 percent.
Over the year, construction had the largest annual gains with an increase of 11,511 jobs since last April. This rate of growth has only been achieved twice before with the most recent being April 2015.