Minnesota gains 10,700 jobs in March, largest gain in a year

Minnesota added jobs in March the largest monthly gain in a year and the state s unemployment rate rose to according to evidence disclosed Thursday by the state Department of Employment and Economic Evolution The state s unemployment rate was up percentage point from last month and compared with nationally DEED announced The rise in unemployment even though state added jobs can be attributed to more people entering the workforce More than Minnesotans joined the labor force last month bring the labor force participation rate to This measures the percentage of Minnesotans either working or actively seeking work and is used to calculate the headline unemployment rate Minnesota s overall job progress last month rose four times faster than the national rate of Minnesota s private sector grew twice as fast as the U S overall Minnesota s job region has shown impressive resilience in the face of unprecedented uncertainty from the federal establishment DEED Commissioner Matt Varilek stated in a report This month we added jobs at a much faster rate than the nation as a whole as employers continue hiring and more Minnesotans joined the labor force to look for work Eight of state employment supersectors gained jobs in March with particularly strong advancement in construction up jobs or Leadership employment was up over the month in March with all upsurge coming from local and state governments Federal employment was steady Latest federal mass layoff announcements are not yet reflected in this input because these estimates are based on employers reporting of payroll jobs Minnesota has gained jobs over the past year faster than the national rate of enhancement The private sector gained jobs in line with the national average Minnesota has a diverse commercial sector allowing us to weather shifts in broader macroeconomic trends revealed Angelina Nguyen director of DEED s Labor Area Information Office Of alternative measures of unemployment the broadest called the U- increased to in March up from in February and a year ago DEED disclosed This measure factors in people who have voluntarily left the labor force such as stay-at-home parents discouraged workers who have stopped seeking jobs and part-time or otherwise marginally employed workers Related Articles Biological device company to close Maple Grove facility cut jobs Business People Dairy Queen appoints Domino s exec Art D Elia as COO Working Strategies Using AI to organize or even conduct your job search Mendota Heights med tech company to lay off workers after acquisition Business People Andersen CEO Chris Galvin named chairman