A new report from the state today shows Minnesota’s seasonally adjusted unemployment rate rose half a percentage point from November to 6.9 percent in December, the highest rate since early 1984. This was the result of a loss of 13,900 jobs, which raised the total number of unemployed to 202,800.
The national unemployment rate rose half a percentage point to 7.2 in December.
For non-farm jobs, Minnesota lost 55,400 jobs during 2008, with employment down 2 percent. Across the major industry sectors, the only over-the-year gains were in Educational and Health Care Services, which added 11,000 jobs ,and Financial Activities, which added 1,500.
Nationally, annual job losses were also at 2 percent.
Minnesota unemployment up again, hits 6.9% in December
A new report from the state today shows Minnesota’s seasonally adjusted unemployment rate rose half a percentage point from November to 6.9 percent in December, the highest rate since early 1984.
