Minnesota’s unemployment rate held steady at 3.7 percent for the fifth consecutive month in March on a seasonally adjusted basis.
The labor force participation rate rose again, up three-tenths of a percentage point to 71.2 percent with 12,000 people entering the labor force. This is the highest labor force participation rate since September 2010.
The national unemployment rate rose one-tenth of one percentage point to 5.0 percent in March.
Trending Now ...
Our quarterly Trends magazine provides expert analysis on the state's labor market, industries and economy.
This issue of Minnesota Economic Trends focuses on racial and economic disparities in Minnesota.