Minnesota’s unemployment rate rose one-tenth of a percentage point to a seasonally adjusted 3.8 percent in May.
For the fifth consecutive month the labor force participation rate rose, up one tenth of one percentage point to 70.8 percent. The unemployment rate increased because these additional participants were more likely to be unemployed than employed in May.
The national unemployment rate rose one-tenth of a percentage point to 5.5 percent in May.
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Our quarterly Trends magazine provides expert analysis on the state's labor market, industries and economy.
The current issue's cover story, Wages During and After the Recession, examines how wages for Minnesotans who left their jobs and found new jobs during the recession compare with the wages of people who left jobs and found new work after the recession.