14 hours ago
21
Quick Read
Minnesota lost 4,600 jobs in September and the state’s unemployment rate rose to 4.5 percent.
New monthly data from the Minnesota Department of Employment and Economic Development shows what officials are again calling a “mixed bag.” Month-to-month labor market figures generally declined and stagnated, but Minnesota is still outpacing the rest of the country on some metrics, including job growth, over the year.
One notable exception is wages, which have stayed flat in Minnesota since last September while prices have risen by 3.7 percent, according to the latest Consumer Price Index. That means workers in the state have lost purchasing power. Wages grew by 2.9 percent nationally.
Related
2 businesses face civil penalties, damages after denying tri...
35 minutes ago
10
