September 2023 - Minnesota Employment Review
Spotlight: What Location Quotients Show in SW Minnesota
What makes Southwest Minnesota's economy unique? According to DEED's Location Quotient Tool, Southwest Minnesota has a higher concentration of employment in Agriculture, Manufacturing, Public Administration, Educational Services, Retail Trade, and Utilities than the state.
Local Area Unemployment Statistics (LAUS) - August 2023
The unemployment rate rose to 3.1% in Minnesota in August, on a seasonally adjusted basis.
August 2023: Alternative Measures of Unemployment
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.
Regional Analysis
An analysis of the current month’s employment picture broken out by Metropolitan Statistical Area.
JOLTS Update
The Job Openings and Labor Turnover (JOLTS) Survey conducted by the BLS shows that the number of job openings increased by 2,000 or 1.0% in Minnesota to 201,000 in July on a seasonally adjusted basis.
Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6 percent in August on a seasonally adjusted basis, after increasing 0.2 percent in July.