MN’s unemployment up to 8.4% this June 2009


Minnesota’s seasonally adjusted unemployment rate climbed to 8.4 percent in June, compared to 8.1 percent in May, according to figures released Thursday by the Minnesota Department of Employment and Economic Development (DEED).

The nation’s unemployment rate for June was 9.5 percent.

“The June employment figures represent the challenges that people and families are facing in this difficult economy,” said DEED Commissioner Dan McElroy in a statement. “Even though Minnesota’s unemployment rate is more than a point below the national rate, we’d like to see more people connecting with employment opportunities.”

Minnesota’s employers cut 16,700 jobs in June. Most of those were in construction, which lost 3,900 jobs; manufacturing, down 3,700; professional and business services, down 3,500; and leisure and hospitality, which lost 3,000 jobs.

Some sectors added jobs in Minnesota in June, including trade, transportation and utilities, which added 800 positions, and financial activities, which gained 600 jobs.

Over-the-year jobs losses hit the Duluth-Superior area hardest, dropping 4.1 percent in the past 12 months. The Twin Cities was second worst, with 3.7 percent of jobs being cut over the past year.

source: bizjournals.com

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