Minnesota’s unemployment rate dropped to 4.1% in September

Minnesota added 7,200 jobs in September and the unemployment rate dropped to 4.1 percent, the lowest in eight years, according to a state report this morning.

This is the last monthly jobs report before the November election, and brings seemingly good news for Gov. Mark Dayton, seeking reelection against GOP challenger Jeff Johnson. Dayton quickly crowed about the numbers, saying in a statement:

“Today’s jobs report offers still more evidence that their success and hard work are moving our state in the right direction.”

Nothing yet from Republicans, although there are always concerns that many of the new jobs are part-time, or lower paid positions.

The report also shows that although the numbers are dropping, there are still high levels of underemployment:

“Part-time underemployed plus marginally attached, discouraged, and officially unemployed, 9.2 percent, compared to 11.0 percent 12 months ago.”

State Department of Employment and Economic Development Commissioner Katie Clark Sieben said that, since the recessionary low in jobs five years ago, “Our state has added 212,800 jobs, enough to put us 53,800 jobs above our pre-recessionary peak. With 50 consecutive months of over-the-year job growth, Minnesota’s economy is showing signs of consistent, broad-based progress.”

In September, the top job gaining sectors were:

  • Professional and business services, (up 4,100 jobs)
  • Leisure and hospitality (up 3,900)
  • Education and health services (up 1,100)
  • Manufacturing (up 1,100)
  • Trade, transportation and utilities (up 300)
  • Construction (up 200)

Job losses came in:

  • Government (down 4,200)
  • Financial activities (down 400)
  • Mining and logging (down 200)

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Comments (2)

  1. Submitted by Thomas Swift on 10/17/2014 - 07:39 am.

    Minnpost is a microcosm of what Minnesota is experiencing. The staff is filled with former (for profit) Star Tribune reporters working part time at a non-profit, earning (I’m guessing) somewhat less.

    Although I’d love to lay the blame exclusively at the feet of the DFL, the truth is this is happening all over the country. Our economy is in a phase shift, and it’s going to take a lot of time, maybe a generation, to adjust.

    That being said, states with a creative, educated population that stifle successful entrepreneurs with confiscatory taxation and over regulation will end up being engines that feed states that provide more fertile soil to grow successful enterprises to fruition.

  2. Submitted by jason myron on 10/18/2014 - 12:15 am.

    You mean like

    South Carolina and Kansas?

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