unemployment

The month of June saw new records for the number of jobs and workers in the Rochester area.

The statewide job growth rate was only about 1.1%.

The updated jobs data from the state shows job growth rates in other Minnesota metro areas were all below 1% last month.

The local job growth rate is more than four times higher than the statewide average.

At the same time, the local unemployment rate remains low, but it's the highest it's been since the summer of 2021.

The job growth rate for the Rochester area last month was more than 10 times higher than the statewide rate.

A recent state report showed the Rochester area continues to have the hottest job market in Minnesota.

Revisions to the 2024 data contributed to the increase.

The state's unemployment rate was also a full percentage point lower than the national average.

The statewide COVID shutdown started just 5 days later.

The number of jobs and the size of the labor force rose to new record highs in December.

Over the past two years, the number of jobs locally has increased by nearly 14,000.

The unemployment rate is up nearly a full percentage point from a year ago, the local economy produce new record highs for employment and the size of the labor force.

Rochester's job growth rate is above 6%.