Minnesota reports more jobs in February, same 3.7% unemployment rate

Minnesota employers added 11,800 jobs in February, a nice jump but not enough to change the seasonally-adjusted unemployment rate, which stayed steady at 3.7 percent.

The U.S. unemployment rate was 5.5 percent in February. (Wisconsin officials are reporting this morning that their unemployment rate fell to 4.8 percent, the lowest since July, 2008.)

Last month, the Minnesota report’s numbers — which can be fluid — reported a job loss of 7,900. But those numbers have been revised to show the jobs lost in January were only 4,900.

Bigger picture: in the past year, the state has added 45,414 jobs, a growth rate of 1.7 percent.

And the Department of Employment and Economic Development, which generates the report, noted a landmark moment in Minnesota job history:

The labor force participation rate reached 70.2 percent in February, pushing the Minnesota labor force over the 3 million mark for the first time on record (after revisions to last year’s figures).

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