facebook app skip to content
Primary navigation

Press Releases

press-release-header

Find press releases from prior years in DEED's digital library.

State Gains 2,900 Jobs in March

Unemployment rate steady at 3.2 percent

4/19/2018 2:05:16 PM

Shane Delaney, 651-259-7236
Shane.M.Delaney@state.mn.us

ST. PAUL –
Minnesota employers added 2,900 jobs in March, according to seasonally adjusted figures released today by the Minnesota Department of Employment and Economic Development (DEED).

DEED added that job cuts in February were revised from 1,300 jobs lost to 200 jobs lost. Over the past year, the state has gained 21,250 jobs, an increase of 0.7 percent. U.S. jobs were up 1.6 percent during that period.

The Minnesota unemployment rate held steady in March at a seasonally adjusted 3.2 percent. The U.S. unemployment rate was 4.1 percent.

“Manufacturing has been one of the state’s key economic drivers so far this year, gaining 3,100 jobs in the last two months,” said DEED Commissioner Shawntera Hardy. “The sector is growing at a healthy pace during a period when employers in manufacturing and most other industries are competing in a tight labor market.”

Trade, transportation and utilities led all sectors in March with 1,900 new jobs, followed by manufacturing (up 1,500), education and health services (up 800), information (up 700), professional and business services (up 200) and financial activities (up 100).

Construction and other services each lost 1,000 jobs in March, while logging and mining, leisure and hospitality, and government each lost 100 jobs.

Over the past year, the following industries have gained jobs: education and health services (up 8,939), trade, transportation and utilities (up 7,389), government (up 7,086), manufacturing (up 3,010) and construction (up 151).

Industries losing jobs in the past 12 months were professional and business services (down 1,414), other services (down 1,388), financial activities (down 1,141), information (down 538) and logging and mining (down 58).

In the Metropolitan Statistical Areas, all regions gained jobs in the past 12 months: Minneapolis-St. Paul MSA (up 0.8 percent), Duluth-Superior MSA (up 1 percent), Rochester MSA (up 0.1 percent), St. Cloud MSA (up 0.6 percent) and Mankato MSA (up 2.2 percent).

DEED has added a section to its website that examines the unemployment rate by demographics (race, age and gender) and looks at alternative measures of unemployment.

DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and its services, visit the DEED website or follow DEED on Twitter.


Seasonally adjusted

Not seasonally adjusted

Unemployment Rate

March
2018

February
2018

March
2018

March
2017

Minnesota

3.2

3.2

3.8

4.1

U.S.

4.1

4.1

4.1

4.6

Employment

March
2018

February
2018

March ‘17-
March ‘18
Level Change

March ‘17-
March ‘18
% Change

Minnesota

2,951,300

2,948,400

21,250

0.7

U.S.

148,230,000

148,127,000

2,379,000

1.6

Over The Year Employment Growth By Industry Sector (NSA)


OTY Job Change

OTY
Growth Rate (%)

U.S. OTY
Growth Rate (%)

Total Non-Farm Employment

21,250

0.7

1.6

Logging and Mining

-58

-0.9

4.2

Construction

151

0.1

4.6

Manufacturing

3,010

1.0

2.0

Trade, Trans. and Utilities

7,389

1.4

1.4

Information

-538

-1.1

0.6

Financial Activities

-1,141

-0.6

1.7

Prof. and Bus. Services

-1,414

-0.4

1.1

Ed. and Health Services

8,939

1.7

2.2

Leisure and Hospitality

-786

-0.3

2.8

Other Services

-1,388

-1.2

1.8

Government

7,086

1.7

0.0

Metropolitan Statistical Area

OTY
Employment Change
(#, NSA)

OTY Employment Change
(%, NSA)

Minneapolis-St. Paul MN-WI MSA

16,455

0.8

Duluth-Superior MN -WI MSA

1,404

1.0

Rochester MSA

70

0.1

St. Cloud MSA

693

0.6

Mankato MSA

1,278

2.2




-30-


Upon request, this information can be made available in alternate formats for people with disabilities by contacting the DEED Communications Office at 651-259-7161.



Economic Development

Economic Development

back to top