By Oriane Casale
December 2023
The unemployment rate ticked down to 3.1% in Minnesota in November, from 3.2% in October, on a seasonally adjusted basis.
The number of unemployed fell to 96,128, and the number of employed decreased to 3,010,746. The labor force shrunk slightly to 3,106,874, and the labor force participation rate fell to 68.3%.
The U.S. unemployment rate fell to 3.7% in November on a seasonally adjusted basis. The labor force participation rate ticked up to 62.8%.
| Unemployment Rates | |||
|---|---|---|---|
| Area | November 2023 | October 2023 | November 2022 |
| Minnesota | |||
| Seasonally Adjusted | 3.1% | 3.2% | 3.0% |
| Not Seasonally Adjusted | 1.9% | 2.7% | 2.5% |
| United States | |||
| Seasonally Adjusted | 3.7% | 3.9% | 3.6% |
| Not Seasonally Adjusted | 3.5% | 3.6% | 3.4% |
