Twin Cities Tied for Lowest Metro Unemployment Rate in U.S.

Twin Cities Tied for Lowest Metro Unemployment Rate in U.S. Photo: KSTP

December 02, 2017 12:50 PM

The Twin Cities have the lowest unemployment rate for major metropolitan areas in the country, according to a report from the Bureau of Labor Statistics. 

Out of 51 metro areas with more than 1 million people, the Twin Cities and Nashville were tied for the lowest unemployment rates in October at 2.3 percent. 

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Meanwhile, the national unemployment rate was at 4.1 percent in the same month, and Minnesota's was at 2.4 percent. The Minneapolis-St. Paul area's rate was 1 percent lower than last year at the same time. 

RELATED: US Unemployment Claims Fall to 222,000, Lowest in 44 Years

Other Minnesota cities have also been lowering their unemployment. Rochester and Mankato are even lower than the metro, at 2.1 percent and 1.8 percent respectively.  

The full report from the Bureau of Labor Statistics can be found here. 

Credits

Andrew Heiser

Copyright 2017 - KSTP-TV, LLC A Hubbard Broadcasting Company

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