New jobs numbers from the Department of Employment and Economic Development show Minnesota’s economy is still on the right track. Minnesota employers added 9,500 jobs in October. Our already low unemployment rate fell another .2 percent, to a seasonally adjusted 3.9 percent. The national unemployment rate was 5.8 percent in October, according to the Bureau of Labor Statistics.
DEED Commissioner Katie Clark Sieben says:
“The state’s pace of job growth has been impressive in the last three months, with employers adding more jobs than in any three-month period since 1990.”
Minnesota has some of the best economic numbers in the country, and these latest numbers continue that trend. It’s becoming even more clear that Governor Mark Dayton and our progressive leaders took Minnesota in the right direction, building an economy that works for working families, not just the wealthy.