During 2023, employers reported a total of 139,059 vacancies, down 24.7% from second quarter 2022.
The unemployment rate held at 2.7% in Minnesota in April on a seasonally adjusted basis.
Minnesota's official unemployment rate is a useful indicator of the health of the state's economy, but it does not tell the whole story.
An analysis of the current month’s employment picture broken out by Metropolitan Statistical Area.
The Job Openings and Labor Turnover (JOLTS) Survey conducted by the BLS shows that the number of job openings decreased by 7,000 or 4.1% in Minnesota to 164,000 in March on a seasonally adjusted basis.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis.