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Minnesota Unemployment Hits Lowest Level Since '07

Updated: 07/17/2014 11:43 AM
Created: 07/17/2014 6:02 AM KSTP.com

State officials say Minnesota's unemployment rate has fallen to its lowest level since 2007.
    
The June jobless rate was 4.5 percent, down about a half-point from a year ago. That's lower than the national rate for June of 6.1 percent.
    
State development officials say Minnesota gained 8,500 jobs in June, making a net gain of 10,700 this year. The state's overall job growth rate in the past 12 months is on par with the national average of about 2 percent.
    
Economic development Commissioner Katie Clark Sieben says the jobless rate hasn't been this low since February 2007. Sieben says jobless benefits claims dropped to their lowest level in almost 14 years.
    
The biggest job gains came in government, with about 4,000 jobs, and education and health services with about 3,500.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

In this photo taken Wednesday, July 16, 2014, job seeker U.S. Air Force veteran Jimmie Walker, left, listens to job recruiter Desiree Akel, at a Hiring Fair for Veterans.
Photo: AP/Alan Diaz

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