Local Area Unemployment Statistics (LAUS)
by Oriane Casale
December 2024
The unemployment rate increased to 3.5% in Minnesota in November on a seasonally adjusted basis.
The number of unemployed increased to 107,328, and the number of employed increased to 2,994,656. The labor force grew to 3,101,974, and the labor force participation rate ticked up to 67.8%.
The U.S. unemployment rate increased to 4.2% in November on a seasonally adjusted basis. The labor force participation rate declined to 62.5%.
| Unemployment Rates | |||
|---|---|---|---|
| November 2024 | October 2024 | November 2023 | |
| Minnesota | |||
| Seasonally Adjusted | 3.5% | 3.4% | 2.7% |
| Not Seasonally Adjusted | 2.9% | 2.6% | 1.9% |
| United States | |||
| Seasonally Adjusted | 4.2% | 4.1% | 3.7% |
| Not Seasonally Adjusted | 4.0% | 3.9% | 3.5% |