April MN Unemployment Rate 17 May 13

Minnesota employers eliminated 11,400 jobs in April. The state’s unemployment rate fell to 5.3% last month, and remains well below the national rate of 7.5%. The Department of Employment and Economic Development’s Steve Hine says the April unemployment rate also reflects revisions to March figures. He says that 5,200 jobs were originally reported lost, but following revisions that’s down to just 3,300 shed. The biggest job losses last month occurred in trade, transportation and utilities, down 5,700, followed by government down 2,000.