Monthly MN Employment Report 18 Apr 14

The Department of Employment and Economic Development announced Thursday that Minnesota employers added 2,600 jobs in March. The state’s unemployment rate remained unchanged at 4.8% last month, well below the national jobless rate of 6.7%. State Job analyst Steve Hine says business services led all sectors in March with 3,500 new jobs.  Other sectors that gained jobs were construction, which was up by 2,700, financial activities, which were up by 1,200, and government, which was up by 1,000. Sectors that lost jobs last month were leisure and hospitality, down 2,700, transportation and utilities, down 2,300, and education and health services, which was down by 1,000 jobs. It was also announced that Minnesota’s labor force now tops 3-million workers, and the state has 33,000 more jobs than its all-time employment peak.