The unemployment rate in Minnesota is 4.5% which is lower than the national average of 4.7%. The state has a diverse economy with a strong focus on agriculture manufacturing and healthcare. Minnesota also has a large number of Fortune 500 companies which helps to create jobs.
Minnesota’s unemployment rate has been steadily declining since the Great Recession and it is now below the national average. This is good news for the state but there are still many people who are looking for work.
If you are one of the people who are looking for work in Minnesota there are a few things you can do to improve your chances of finding a job. First make sure your resume is up-to-date and includes all of your relevant skills and experience. Secondly networking is important. Get connected with people in your industry or field and let them know you are looking for a job. Finally don’t give up. It may take some time but eventually you will find the right job for you.
The unemployment rate is just one way to measure the health of the economy. It is important to remember that the unemployment rate is not a perfect measure and it does not reflect the experiences of all job seekers.
What is the unemployment rate in Minnesota?
4.
3%
What is the labor force participation rate in Minnesota?
70.
7%
What is the employment-population ratio in Minnesota?
64.
8%
How many people are unemployed in Minnesota?
95000
How many people are employed in Minnesota?
2842000
What is the civilian noninstitutional population in Minnesota?
3735000
What is the average hourly earnings in Minnesota?
$26.
65
What is the average weekly earnings in Minnesota?
$942.
92
What is the median house hold income in Minnesota?
$65599
What is the per capita income in Minnesota?
$29829
What is the poverty rate in Minnesota?
9.
1%
What is the GINI index for income inequality in Minnesota?
0.
481
What is the housing vacancy rate in Minnesota?
1.
9%
What is the home ownership rate in Minnesota?
70.
2%
What is the median rent in Minnesota?
$887