(KNSI) \u2013 Minnesota lost jobs in June.<\/p>\n
The state\u2019s Department of Employment and Economic Development says payrolls slipped by 800 last month, but the unemployment rate remained unchanged at 3.3%. The labor force participation rate was also stuck in neutral at 68.2%. Both numbers are significantly better than the national average.<\/p>\n
DEED Commissioner Matt Varilek is still optimistic. He says, \u201cMinnesota\u2019s labor market is in a favorable spot, with low unemployment and a growing labor force.\u201d Varilek adds, \u201cDespite the disruptions we\u2019re seeing nationally, Minnesota employers continue to hire and workers are entering the labor force looking for jobs.\u201d<\/p>\n
The best-performing supersectors in June were construction, trade, transportation, and utilities, as well as information. Manufacturing and leisure and hospitality saw the deepest workforce cuts.<\/p>\n
DEED tracks job market performance by metro region on a non-seasonally adjusted basis. St. Cloud is the worst performer in the state, with just 49 positions added in the last year, resulting in a growth rate barely above zero. Rochester was best at 6,119 jobs, or 4.7%. Mankato jumped by 2.5% and East Grand Forks was at 2%.<\/p>\n
___<\/p>\n
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