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State gains 10,200 jobs in May: Unemployment rate drops to 3.1 percent

Minnesota employers added 10,200 jobs in May, according to seasonally adjusted figures released Thursday, June 14, by the Minnesota Department of Employment and Economic Development.

Minnesota employers added 10,200 jobs in May, according to seasonally adjusted figures released Thursday, June 14, by the Minnesota Department of Employment and Economic Development.

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,” stated DEED Commissioner Shawntera Hardy in a news release. “Businesses are continuing to add employees, despite a tightening labor market.”

Professional and business services led all sectors last month with 2,700 new jobs. Other sectors adding jobs were leisure and hospitality (up 2,200); construction (up 1,600); trade, transportation and utilities (up 1,500); manufacturing (up 1,400); other services (up 900); government (up 300); information (up 100) and logging and mining (up 100). The financial activities field was steady.

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Education and health services (down 600) was the only sector that lost jobs in May.

Over the past year, manufacturing (up 6,063) has added the most jobs, followed by government (up 5,804); trade, transportation and utilities (up 4,986); education and health services (up 4,463); leisure and hospitality (up 2,979); construction (up 2,898); professional and business services (up 2,072); information (up 133) and other services (up 12).

Two industries lost jobs in the past 12 months: financial activities (down 188) and logging and mining (down 34).

In the Metropolitan Statistical Areas, four regions gained jobs over the past 12 months: Minneapolis-St. Paul (up 1.5 percent), Duluth-Superior (up 0.9 percent), St. Cloud (up 1.6 percent) and Mankato (up 2.2 percent). The Rochester statistical area was down 0.7 percent.

For more details about the agency and its services, visit https://mn.gov/deed or follow DEED on Twitter @mndeed.

I've worked at the Brainerd Dispatch with numerous job titles since Dec. 7, 1983. Starting off as an Ad Designer and currently as Digital Editor. The Dispatch has been an interesting and challenging place to work these 30+ years. I was present and worked on the our web page when our original BrainerdDispatch.com website first went live on April 26, 1994.
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