State and National Employment and Unemployment

Unemployment

The unemployment rate ticked up to 3.2% in Minnesota in April, on a seasonally adjusted basis.

In Minnesota, the number of unemployed workers increased to 100,039 and the number of employed increased to 3,053,254. The labor force grew to 3,153,293 workers, and the labor force participation rate held at 68.2%.

The U.S. unemployment rate held at 4.2% in April, on a seasonally adjusted basis. The labor force participation rate increased to 62.6%.

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Monthly Employment

Minnesota’s monthly job growth was mostly flat in April as the state lost 1,300 jobs, or 0.0%.

Six of eleven published supersectors posted positive growth. Mining and Logging added 100 jobs; Construction added 600 jobs; Manufacturing added 500 jobs; Trade, Transportation and Utilities added 1,600 jobs; Leisure and Hospitality added 1,600 jobs; and Other Services added 100 jobs.

Five supersectors posted decreases. Information lost 100 jobs, Financial Activities lost 800 jobs, Professional and Business Services lost 2,000 jobs, Education and Health Services lost 2,400 jobs, and Government lost 500 jobs.

U.S. total payroll employment was positive in January, adding 177,000 jobs, or 0.1%. Private sector employers added 167,000 jobs (0.1%) on a seasonally adjusted basis. Minnesota outperformed the nation in six supersectors.

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Annual Employment

Minnesota over the year (OTY) payroll employment growth stood at 35,480 or 1.2%, slightly lower than March’s 1.3% growth. The private sector added 26,477 jobs, or 1.0% in April, which was lower than March’s 1.2%.

U.S. total nonfarm over-the-year job growth stood at 1.2% in April, slightly better than in March. Private sector employment growth was at 1.2%, also better than the March rate.

Seven of eleven published supersectors in Minnesota added jobs over the year. Mining and Logging added 179 jobs (2.8%), Construction added 1,234 jobs (0.9%), Manufacturing added 2,724 jobs (0.9%), Professional and Business Services added 1,735 jobs (0.5%), Education and Health Services added 23,936 jobs (4.1%); Other Services added 3,222 jobs (2.8%) and Government added 9,003 jobs (2.1%).

Trade, Transportation and Utilities lost 149 jobs (0.0%); Information lost 657 jobs (1.5%); Financial Activities lost 3.478 jobs (1.8%), and Leisure and Hospitality lost 2,269 jobs (0.9%).

Six supersectors showed strength over the year in Minnesota compared to the nation. Mining and Logging was up 2.8% (versus -0.6%), Manufacturing was up 0.9% (versus -0.7%), Professional and Business Services was up 0.5% (vs -0.1%), Education and Health Services was up 4.1% (versus 3.4%), Other Services was up 2.8% (versus 1.3%) and Government added 2.1% (versus 1.3%).

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