Minnesota unemployment rate dips to 4.6 percent

By KBJR News 1

Credit: MGN Online

Minnesota unemployment rate dips to 4.6 percent

December 19, 2013 Updated Dec 19, 2013 at 5:27 PM CDT

St. Paul, MN (NNCNOW.com) - Minnesota's unemployment rate continues to fall.

Despite 800 jobs axed by employers last month, the unemployment rate dipped to 4.6 percent.

That's down 0.2 percent from October.

Officials with the Department of Employment and Economic Development said those lost jobs are offset by October figures that were revised upward by an additional 1,000 jobs.

Minnesota's unemployment rate remains well below the national rate of 7.0 percent.

But Jan Saxhaug, a regional analyst for DEED in Duluth, says it's not all positive news.

"There are some trends that are a little unsettling. We're struggling to add manufacturing jobs right now. Most of the jobs we added especially here in the Northland, have been in the service sector. Which indicates a strong tourism season which is a really good thing for our regional economy. A lot of these jobs are lower wage."

Minnesota gained nearly 40,000 jobs over the past year.

Leading the way for most jobs gained, Education and Health Service.

Government and Logging are in last place.

Written by Kevin Jacobsen
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