Aug. 19 - State Gains 9,800 Jobs in July
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For Immediate Release
August 19, 2010
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Contact: Kirsten Morell, 651-259-7161
Kirsten.Morell@state.mn.us
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State Gains 9,800 Jobs in July
~Unemployment rate steady at 6.8 percent~
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ST. PAUL – Minnesota employers added 9,800 jobs in July, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).
The state’s seasonally adjusted unemployment rate in July remained unchanged from the previous month at 6.8 percent. The U.S. unemployment rate was also unchanged in July at 9.5 percent.
Including revised figures that reduced June’s job losses from 3,700 to 800, the state has gained 40,900 jobs since the beginning of 2010. Over the past 12 months, Minnesota has added 29,100 jobs, the state’s best over-the-year showing in four years. The number of jobs in the state grew by 1.1 percent in the past year, while the U.S. rate was flat during that period.
“While we still have a ways to go, Minnesota remains on a steady path to recovery,” said DEED Commissioner Dan McElroy. “The private sector gained nearly 19,000 jobs in July, and the state has now recovered more than a quarter of the jobs that were lost in the recession.”
The largest gains in July occurred in education and health care (up 5,500), followed by professional and business services (up 4,300), leisure and hospitality (up 2,900), other services (up 2,400), manufacturing (up 1,300), trade, transportation and utilities (up 900), financial activities (up 700), construction (up 600), information (up 200), and mining and logging (up 100).
Government shed 9,100 jobs during the month, including 1,400 census worker positions.
Job gains occurred over the past year in leisure and hospitality (up 15,200), education and health services (up 14,200), professional and business services (up 11,100), manufacturing (up 3,000), trade, transportation and utilities (up 2,500), and information (up 200).
Over-the-year job losses occurred in construction (down 6,500), other services (down 4,700), government (down 4,300), financial activities (down 1,600), and logging and mining (down 50).
In the state Metropolitan Statistical Areas, job gains occurred in the past year in the St. Cloud MSA (up 0.9 percent), the Rochester MSA (up 1.7 percent) and the Minneapolis-St. Paul MSA (up 0.5 percent). Over-the-year job losses occurred in the Duluth-Superior MSA (down 0.1 percent) and the Mankato MSA (down 1 percent).
DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and our services, visit us at www.PositivelyMinnesota.com.
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Seasonally adjusted
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Not seasonally adjusted
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Unemployment Rate
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July
2010
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June
2010
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Minnesota
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6.8
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6.8
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U.S.
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9.5
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9.5
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Employment
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July
2010
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June
2010
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July '09 -
July '10
Level Change
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July '09 -
July '10
% Change
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Minnesota
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2,661,100
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2,651,300
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29,100
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1.1
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U.S.
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130,242,000
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130,373,000
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-17,000
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-0.0
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Over The Year Employment Growth By Industry Sector (NSA)
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OTY Job Change
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OTY
Growth Rate (%)
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U.S. OTY
Growth Rate (%)
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Total Non-Farm Employment
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29,100
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1.1
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-0.0
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Logging and Mining
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-50
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-1.0
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7.2
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Construction
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-6,500
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-6.2
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-5.9
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Manufacturing
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3,000
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1.0
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0.0
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Trade, Trans. and Utilities
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2,500
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0.5
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-0.3
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Information
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200
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0.3
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-2.5
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Financial Activities
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-1,600
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-0.9
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-2.0
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Prof. and Bus. Services
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11,100
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3.6
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1.6
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Ed. and Health Services
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14,200
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3.2
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2.0
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Leisure and Hospitality
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15,200
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6.0
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0.2
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Other Services
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-4,700
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-4.0
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-0.3
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Government
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-4,300
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-1.1
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-0.2
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Metropolitan Statistical Area
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OTY Employment Change
(#, NSA)
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OTY Employment Change
(%, NSA)
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Minneapolis-St. Paul
MN-WI MSA
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9,200
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0.5
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Duluth-Superior
MN-WI MSA
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-200
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-0.1
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Rochester MSA
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1,700
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1.7
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St. Cloud MSA
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900
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0.9
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Mankato MSA
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-500
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-1.0
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- All labor force data are subject to revision.
- The unemployment rate is the percentage of people actively seeking work compared with those in the labor force (employed plus unemployed).
Upon request, the information in this news release is available in an alternative format such as Braille, large print, audiotape or computer disk.
Minnesota Department of Employment and Economic Development
Communications Office
Phone 651/259-7161 or 1-800-657-3858 ∙ TTY 1-800-657-3973
www.PositivelyMinnesota.com