The Minnesota unemployment rate fell 0.2 percent in November to a seasonally adjusted 4.6 percent.
That’s according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). The U.S.unemployment rate was 7 percent in November.
Minnesota employers shed 800 jobs in November, although that loss was offset by October figures that were revised upward by an additional 1,000 jobs. Private sector employment in Minnesota climbed by 2,400 in November and was revised upward by another 2,300 jobs from October.
Minnesota has gained 39,800 jobs over the past year, a growth rate of 1.4 percent, compared with a U.S. growth rate of 1.7 percent.