by Oriane Casale
September 2024
The unemployment rate rose to 3.3% in Minnesota in August on a seasonally adjusted basis.
The number of unemployed increased to 103,239, and the number of employed decreased to 2,990,653. The labor force shrank to 3,093,892, and the labor force participation rate held at 67.7%.
The U.S. unemployment rate decreased to 4.2% in August on a seasonally adjusted basis. The labor force participation rate held at 62.7%.
| Unemployment Rates | |||
|---|---|---|---|
| - | August 2024 | July 2024 | August 2023 |
| Minnesota | |||
| Seasonally Adjusted | 3.3% | 3.2% | 2.9% |
| Not Seasonally Adjusted | 3.9% | 3.8% | 3.1% |
| United States | |||
| Seasonally Adjusted | 4.2% | 4.3% | 3.8% |
| Not Seasonally Adjusted | 4.4% | 4.5% | 3.9% |
