Minnesota unemployment rate holds at 4.5% in March
Updated
Updated · KEYC · Apr 30
Minnesota unemployment rate holds at 4.5% in March
7 articles · Updated · KEYC · Apr 30
The state added 800 non-farm jobs, while labour force participation fell 0.3 points to 67.6% and the US jobless rate edged down to 4.3%.
Professional and business services, manufacturing and construction led monthly gains, but trade, transportation and utilities lost 1,900 jobs and leisure and hospitality fell for a third straight month.
DEED said March was flatter than February, but Minnesota still lost 6,100 jobs over January to March and officials warned recovery remains difficult amid high energy prices and ICE-related economic effects.
How might Minnesota’s labor market evolve if immigration enforcement and energy price shocks persist through 2026?
What overlooked risks or opportunities could arise for Minnesota’s economy as global energy markets and federal policies remain unstable?