The unemployment rate in the 7-county Twin Cities metro area dropped to 3.1 percent in September 2015, just below the state rate of 3.2 percent, and nearly 2 percent below the national rate of 4.9 percent. The Twin Cities rate fell 0.2 percent compared to the previous month and 0.3 percent compared to one year ago.
The biggest changes occurred in the biggest counties, with both Hennepin and Ramsey counties seeing a 0.3 percent decline from August. The other five counties all declined 0.2 percent over the past month. Carver, Scott, Washington and Dakota counties all saw their rates dip to 3.0 percent or lower, while Ramsey and Anoka had the highest rates in the region at 3.3 percent.
All seven counties saw a decline in the size of the available labor force in the past month, but also all saw a decline in the number of unemployed workers, leading to the low unemployment rates.
Unemployment rates remained very low in the seven-county Twin Cities metro area in August 2015, ranging from 3.0 percent in Carver and Scott counties to 3.1 percent in Washington County, 3.2 percent in Dakota County, and 3.3 percent in Hennepin County. Anoka County matched the state's rate at 3.5 percent, and only Ramsey County was above the state rate at 3.6 percent.
The Twin Cities was home to 1,662,858 available workers in August 2015, including 55,289 unemployed workers who were actively seeking work. The largest number of unemployed workers were found in Hennepin and Ramsey County.
The 7-County Twin Cities metro area posted a 3.6 percent unemployment rate in July of 2015, keeping it just below the state rate of 3.8 percent. The Twin Cities was home to just over 55 percent of the state's workforce, with 1,677,234 available workers in July. That also included over half (52.5%) of the state's unemployed workers, with 60,843 people in the ranks of the unemployed but actively seeking work in the most recent month.
The lowest unemployment rates in the region were found in Carver and Scott County, which both dropped to 3.3 percent in July, followed closely by Washington County at 3.4 percent, Dakota County at 3.5 percent, and Hennepin County at 3.6 percent. Only Ramsey County's rate was above the state rate, at 3.9 percent, while Anoka County matched the state rate at 3.8 percent.
The unemployment rate in the Twin Cities metro area rose to 3.7 percent in June of 2015, after spending the past two months at 3.4 percent. This was still below the state's rate of 3.9 percent, and was the second lowest rate of the 6 planning regions in Minnesota.
The Twin Cities saw a decline in the number of available workers and an increase in the number of unemployed workers, leading to the region's rising rate. The seven-county metro area now has nearly 1,665,000 available workers and about 61,700 unemployed workers, a change of about 5,000 workers in each case - though in opposite directions - compared to the previous month.
At 3.3 percent, Scott County now has the lowest rate in the region, followed closely by Carver (3.4 percent), Washington (3.5 percent), Dakota (3.6 percent), and Hennepin (3.7 percent), which were all among the 25 lowest rates in the state (of 87 counties). The highest rates in the region were found in Anoka (3.9 percent) and Ramsey (4.0 percent), though both were still in the top half of lowest rates in the state.