New numbers from the Minnesota Department of Employment and Economic Development: Minnesota’s seasonally adjusted unemployment rate edged down in September to 5.9%. That’s slightly below the national rate of 6.1%. We’re still in the negative territory in terms of job growth: Minnesota has lost 18,800 jobs since last September.
On a separate but related note, a recent analysis from the Jobs Now Coalition dug deeper into the Twin Cities job market and found the number of job seekers is up 92% since 2000, but job openings are down 68%. They also found that the median wage for metro area job openings is not enough for a family of four with two workers to meet their basic needs.
-Katherine Blauvelt
