Minnesota Added Almost 85K Jobs in June
St. Paul, MN (KROC-AM News) - Unemployment in Minnesota remains high but has fallen from the record levels reported in May.
The latest jobs report from the Minnesota Department of Employment and Economic Development shows the seasonally adjusted unemployment rate fell from 9.9-percent in May to 8.6-percent in June. That reflects the addition of almost 85,000 jobs last month as stores, restaurants, bars, and a variety of other businesses were allowed to resume operations with capacity restrictions and other safety measures amid the pandemic.
The report shows over 40-percent of the jobs added in June were in the leisure and hospitality sector of the economy. Over 20-percent were in the trade, transportation, and utilities sector, while the retail sector and education and health services sector each accounted for another 20-percent of the job gains.
The number of people listed as unemployed in Minnesota fell by about 35,000 last month, while the number of people listed as employed grew by almost 82,000. Over the past year, Minnesota has lost over 273,000 jobs for a negative job growth rate of over 9-percent. In Rochester, employment is down about 8300 from a year ago for a negative growth rate of 6.7-percent.
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