The latest data released by the Minnesota Department of Employment and Economic Development (DEED) shows that the state’s job growth streak is continuing. The report indicates that Minnesota added 4,500 jobs in the month of September, marking the third consecutive month of job gains. This positive trend is a good sign for the state’s economy as it continues to recover from the impact of the COVID-19 pandemic.
The industries that saw the largest job gains in September were leisure and hospitality, trade, transportation, and utilities, and education and health services. These sectors have been heavily impacted by the pandemic, so seeing growth in these areas is a promising development. The report also shows that the state’s unemployment rate remained steady at 3.2% in September, which is below the national average.
DEED Commissioner Steve Grove commented on the latest job numbers, stating that the continued job growth is a result of the state’s strong economic fundamentals and the efforts to support businesses throughout the pandemic. He emphasized the importance of addressing the workforce shortage in the state to ensure continued economic growth and development.
Overall, the job growth in Minnesota is a positive sign for the state’s economy as it continues to recover from the challenges brought on by the pandemic. The report highlights the resilience of Minnesota’s economy and the strength of its workforce. Moving forward, state officials will continue to monitor job growth and work to address any challenges that may arise to ensure that Minnesota remains on a path of economic recovery and growth.
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