Unemployment Rate Unchanged In March

Unemployment Rate Unchanged In March

The state continues to add jobs, but unemployment rate remains stubborn.

Minnesota’s unemployment rate remained unchanged in March at 3.7 percent, according to the latest figures by the state’s Department of Employment and Economic Development.
 
It’s the eighth straight month the rate has recorded that number, despite employers adding nearly 7,800 jobs and the labor force participation rate ticking up to a 70.5 percent high.
 
Educations and health care realized the most gains at 5,800 jobs. Professional and business services and construction saw job losses.
 
Over the past year, the state has added nearly 51,000 jobs, a growth rate of 1.9 percent. That lags the national job growth rate of 2.3 percent, though unemployment throughout the United States is higher at 5.5 percent.