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State Gains 10,200 Jobs in May

Friday, July 13, 2018

Unemployment rate drops to 3.1 percent

ST. PAUL – Minnesota employers added 10,200 jobs in May, according to seasonally adjusted figures released today by the Minnesota Department of Employment and Economic Development (DEED). 

With those gains, the state has added 29,188 jobs in the past year, a 1 percent growth rate. The U.S. rate of job growth during that period was 1.7 percent. 

Minnesota’s seasonally adjusted unemployment rate fell to 3.1 percent in May, the lowest level since July 2000. The U.S. unemployment rate was 3.8 percent in May. 

“Minnesota bounced back with its strongest month of job gains in more than a year, following weather-related delays in new hiring in April,” said DEED Commissioner Shawntera Hardy. “Businesses are continuing to add employees, despite a tightening labor market.” 

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"Living in the Cities for four years made me appreciate the kind of lifestyle the rural area has to offer.  It is a wonderful place to raise a family, and people are not too busy to wave when passing by or just stop to visit.  I felt a strong desire to bring a form of quality of healthcare back to this area."

Dr. Kyle Pankonin, Lamberton

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