Over the past two decades Central Minnesota has proven itself a standout performer in weathering the ups and downs of economic cycles.
The unemployment rate held at 3.4% in Minnesota in October on a seasonally adjusted basis.
Minnesota's official unemployment rate is a useful indicator of the health of the state's economy, but it does not tell the whole story.
An analysis of the current month’s employment picture broken out by Metropolitan Statistical Area.
The Job Openings and Labor Turnover (JOLTS) Survey conducted by the BLS shows that in Minnesota the number of job openings fell to 184,000, down 1.1% over the month in September on a seasonally adjusted basis.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in October, the same increase as in each of the previous three months.
