Friday, June 29, 2012
The city’s unemployment rate was 4.5 percent in May.
St. Louis Park's unemployment rate increased slightly over the last month, but it is still below county and national averages. The city’s unemployment rate was 4.5 percent in May, while the county's was 5.1 percent, according to Minnesota’s Department of Employment and Economic Development. St. Louis Park has consistently been below 5 percent since last fall. The city did hit 5.2 percent in September. The county's unemployment level remains 0.9 percent less than the 6 percent reported in May 2011. But it’s still higher than the 4.8 percent reported in April 2012, which had been the lowest unemployment level for the county since May 2008. St. Louis Park was at 4.2 percent in April. TwinWest Chamber President Bruce Nustad said a rate that …
Monday, October 3, 2011
Government employees headed back to work and some private businesses were hiring.
Hennepin County's unemployment rate dropped slightly in August, as about 4,800 more residents found work. The state's jobless rate also dropped in August and is now even with the county. Minnesota's rate decrease was the result of the end of the state government shutdown and a gain in private-industry jobs. The state and county rates remain significantly lower than the nation's, though the U.S. rate also dropped last month. Hennepin County's labor force in August was 671,829. “Job growth in the private sector continues to be a bright spot of the Minnesota economy,” said Minnesota Department of Employment and Economic Development Commissioner Mark Phillips in a statement. “We have seen state manufacturers, construction companies and other …
Monday, August 29, 2011
The state's rate was 'distorted' by the government shutdown.
About 2,900 more Hennepin County residents were working in July than were in June. The county's unemployment rate was 6.9 percent last month, the latest figure available, according to the state's Department of Employment and Economic Development. That's a 0.1 percent drop from the 7 percent rate in July 2010. The updated rate in June of this year also was 7 percent. The county labor force in July was 666,784 people. The local unemployment rate was 0.5 percent lower than the state unemployment rate of 7.4 percent, and 2.4 percent lower than the national rate of 9.3 percent. None of these figures are seasonally adjusted. "It was interesting to see the June and July rate stay somewhat stable from month to month," said Bruce Nustad, president …
Friday, July 29, 2011
The local jobless rate equals that of the state, but is much lower than the national figure.
The county's unemployment rate was 6.9 percent last month, the latest figures available, according to the Department of Employment and Economic Development. That's a 0.2 percent drop from June 2010 and up 0.7 percent from May of this year. The local unemployment rate is the same as the state rate, and both are much better than the national unemployment rate of 9.3 percent. None of these figures are seasonally adjusted. Labor changes in different employment areas only are available by region. In the entire Twin Cities metro area, the sectors that gained the most jobs from May to June are: amusement, gambling and recreation (up 18.3 percent); fast-food restaurants (up 6 percent); local government, excluding education (up 5.8 percent) and …
