By Oriane Casale
May 2024
The unemployment rate held at 2.7% in Minnesota in April on a seasonally adjusted basis for the sixth consecutive month.
The number of unemployed ticked up to 85,199 workers, and the number of employed increased to 3,016,184 workers. The labor force grew to 3,101,383 workers, and the labor force participation rate held at 68%.
The U.S. unemployment rate increased to 3.9% in April on a seasonally adjusted basis. The labor force participation rate held at 62.7%.
Unemployment Rates, April 2024 | |||
---|---|---|---|
Area/Rate | April 2024 | March 2024 | April 2023 |
Minnesota | |||
Seasonally Adjusted | 2.7% | 2.7% | 2.8% |
Not Seasonally Adjusted | 2.7% | 3.2% | 2.8% |
United States | |||
Seasonally Adjusted | 3.9% | 3.8% | 3.4% |
Not Seasonally Adjusted | 3.5% | 3.9% | 3.1% |