MN Adds 3,300 Jobs in June

0
653

ST. PAUL – Minnesota gained 3,300 jobs in June and the state’s unemployment rate held at 3.3% according to figures released today (Thursday) by the Minnesota Department of Employment and Economic Development (DEED).

The U.S. unemployment rate was 3.7%.

May’s previously announced gain of 100 jobs was revised upward to 2,000 jobs. The state has now gained jobs in four consecutive months for the first time since February 2018. Annual employment growth rebounded to 20,992 for a 0.7% gain.

Minnesota’s labor force participate rate also inched up a tenth point to an even 70%.

“These 3,300 jobs added in June, together with an increase in the labor force participation rate, are both encouraging signs,” said DEED Commissioner Steve Grove. “But Minnesota employers are still having a hard time finding workers. Our workforce development teams at DEED are working to connect these employers to job seekers to fill some of the most in-demand jobs currently out there.”

One such effort at DEED to fill in-demand jobs is work done by the Minnesota Job Skills Partnership (MJSP). Under the partnership, educational institutions and businesses work together to secure MJSP funding. Businesses initially meet with an accredited educational institution to explain their training needs and to learn about options. Once they agree on a plan, the educational institution contacts DEED to determine eligibility for a grant.

The MJSP awarded $3.4 million to 26 projects in June. The funding will train more than 3,900 workers across Minnesota. A list of funded projects is available online.

LEAVE A REPLY

Please enter your comment!
Please enter your name here