Monday, May 2, 2011

Minnesota loses 7,500 more jobs in October - Minneapolis / St. Paul Business Journal:

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Minnesota’s unemployment rate remains below the national rateof 6.5 after U.S. employers cut a total of 240,0000 jobs last month. In October, the state’s stronges industries were education and healthservices (up 1,7090 jobs), leisure and hospitalitt (up 1,000) and government (up The weakest sectors were transportatioh and utilities (down 4,800 jobs), manufacturinyg (down 2,000) and construction (down 1,900). DEED also announcedr that the state’s September employment figures were adjusted upwardby 1,5090 jobs. For the year, job growthn has declined 0.6 percent in Minnesota and 0.8 percenft for the nation. So far this the state has lost 25,900 jobs.
“The state and national economies continue to be tested by a broad slowdown that has hit many DEED Commissioner Dan McElroy said ina “Despite the challenging job market, financial activities as well as education and health servicew continue to post surprisingly strong employment numbers in Minnesota.”

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