Minnesota Unemployment Rate Remains Unchanged
Unemployment in the state remained constant throughout the month of May, with employers adding 8,400 jobs according to the Department of Employment and Economic Development.
The Associated Press reports that the seasonally adjusted unemployment rate for May was 5.3 percent (the same percentile that was found in April). The state had originally lost fewer jobs than the department had planned for, in comparison to the national unemployment rate which is set at 7.6 percent.
The agency states that Minnesota has slowly found it’s strength once more, having regained 93% of jobs lost during the recession. The state is nearly 11,000 jobs shy of the per-recessionary peak.
Fields that saw major job growth this month include industries such as leisure and hospitality, government, professional and business services, as well health and education services.