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State Adds 6,400 Jobs in September « Back to Search Results

Unemployment rate drops to 3.7 percent

Minnesota employers added 6,400 jobs in September, according to seasonally adjusted figures released today by the Minnesota Department of Employment and Economic Development (DEED). 

The state has gained 41,259 jobs over the past year, an increase of 1.4 percent. U.S. job growth in the past 12 months was 1.2 percent. 

Minnesota’s seasonally adjusted unemployment rate fell 0.1 percent in September to 3.7 percent. The U.S. unemployment rate was 4.2 percent in September. 

“Minnesota’s job expansion is now eight years strong, with the state adding more than 337,000 jobs since September 2009,” said DEED Commissioner Shawntera Hardy. “During that period, the overall unemployment rate fell from 7.9 percent to the current low of 3.7 percent. Minnesota’s economy is headed in the right direction.” 

Professional and business services led all sectors in September with 3,600 new jobs. Other sectors gaining jobs were education and health services (up 2,000), government (up 1,700), other services (up 1,400), financial activities (up 700), trade, transportation and utilities (up 600) and logging and mining (up 200). Manufacturing was unchanged. 

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Fast Fact Image

The 3-story building known as the Wagon Works was built in the 1860's; over the years the Wagon Works building was home to a number of uses and most recently had fallen into a state of disrepair. The City wondered if the building was beyond repair. The community worked with Knudsen's Caramels & Cheesecake to acquire and finance a top to bottom renovation of the Wagon Works building, which now serves as an example of just how one might take a building from a total state of disrepair to a community treasure. Today, the caramel business is stronger than ever and Knudsen Caramels are distributed nationwide.