ST. PAUL - Minnesota’s unemployment rate held firm at 2.8 percent in October as the state’s labor market gained thousands of jobs, according to the Minnesota Department of Employment and Economic Development.
“With an overall 2.8 percent unemployment, employers are working harder to attract and retain talent,” DEED Commissioner Shawntera Hardy said in a statement.
A total of 86,118 Minnesotans are unemployed, according to DEED.
The labor market gained 3,400 jobs across seven economic sectors last month. The leisure and hospitality and construction sectors added the most jobs, while professional and business services and government were among the sectors that lost the most jobs.
Minnesota has added 36,450 jobs so far this year. The state’s 1.2 percent growth rate this year trails the national rate, which is 1.7 percent.
Private-sector growth is at 1.3 percent in Minnesota, compared to 2 percent nationally.