State Gains 2,500 Jobs in January
April 10, 2018
Unemployment rate steady at 3.3 percent
ST. PAUL – Minnesota employers added 2,500 jobs in January, according to seasonally adjusted figures released today by the Minnesota Department of Employment and Economic Development (DEED).
Newly revised figures indicate the state gained 20,116 jobs over the past 12 months, a 0.7 percent growth rate. U.S. jobs were up 1.5 percent during that period.
The state’s seasonally adjusted unemployment rate in January held steady at the revised 3.3 percent posted in December. The U.S. employment rate was 4.1 percent in January.
“Minnesota launched the year on a positive note with 2,500 new jobs,” said DEED Commissioner Shawntera Hardy. “While job growth over the past year was slower than earlier data suggested, the economy is still growing and businesses are hiring.”
Government led all sectors in January with 2,700 new jobs. Other sectors adding jobs were leisure and hospitality (up 1,200), professional and business services (up 500), other services (up 500), trade, transportation and utilities (up 400), manufacturing (up 300) and construction (up 100). Logging and mining held steady.
The following sectors lost jobs: education and health services (down 1,700), financial activities (down 1,400) and information (down 100).