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Minnesota Employers Add 7,700 Jobs in July

Minnesota Employers Add 7,700 Jobs in July

The state’s unemployment rate did not change, holding steady at 3.7 percent.

Employers in the state added 7,700 jobs in July, according to data released Thursday by the Minnesota Department of Employment and Economic Development (DEED). The overall gain was largely due to employers in the leisure and hospitality industry and a record monthly employment gain from the education and health services sector.
 
Nevertheless, Minnesota’s unemployment rate remained unchanged at 3.7 percent. The state continued to beat the national average, which improved last month from 4.4 percent to 4.3 percent.
 
“Minnesota is outperforming the rest of the country in a number of key economic measures, including the overall unemployment rate, labor force participation and employment-to-population ratio,” said DEED commissioner Shawntera Hardy in prepared remarks. “Nine of the state’s 11 industrial sectors are growing faster than the national average.”
 
Last month, just six sectors added jobs. Education and health services led the pack with 8,400 additions, followed by leisure and hospitality (up 2,800), government (up 1,600), manufacturing (up 500), other services (up 400) and information (up 200).
 
Employment in logging and mining remained flat, while trade, transportation and services lost the most jobs (down 2,600). Next came professional and business services (down 1,500), financial activities (down 1,400) and then construction (down 700).