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Local Area Unemployment Statistics (LAUS) - August 2023

By Derek Teed
September 2023

The unemployment rate rose to 3.1% in Minnesota in August, on a seasonally adjusted basis.

The number of unemployed rose to 97,038 workers, and the number of employed dipped slightly to 3,015,707. The labor force grew to 3,112,745 workers, and the labor force participation rate held at 68.5%.

The U.S. unemployment rate rose to 3.8% in August, on a seasonally adjusted basis. The labor force participation rate rose to 62.8%.

Unemployment Rates
August 2023 July 2023 August 2022
Seasonally Adjusted 3.1% 3.0% 2.7%
Not Seasonally Adjusted 3.2% 3.2% 2.7%
United States
Seasonally Adjusted 3.8% 3.5% 3.7%
Not Seasonally Adjusted 3.9% 3.8% 3.8%
Source: DEED's Local Area Unemployment Statistics (LAUS)

Unemployment Rates in Workforce Service Areas and Counties

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