By Derek Teed
August 2023
The unemployment rate ticked up one-tenth of a point to 3.0% in Minnesota in July, on a seasonally adjusted basis.
The number of unemployed rose to 93,555 workers, and the number of employed grew to 3,015,899. The labor force grew to 3,109,454 workers, and the labor force participation rate ticked up one-tenth of a point to 68.5%.
The U.S. unemployment rate ticked down to 3.5% in July, on a seasonally adjusted basis. The labor force participation rate held at 62.6%.
| State and National Unemployment Rates | |||
|---|---|---|---|
| - | July 2023 | June 2023 | July 2022 |
| Minnesota | |||
| Seasonally Adjusted | 3.00% | 2.90% | 2.60% |
| Not Seasonally Adjusted | 3.20% | 3.40% | 2.50% |
| United States | |||
| Seasonally Adjusted | 3.50% | 3.60% | 3.50% |
| Not Seasonally Adjusted | 3.80% | 3.80% | 3.80% |
| Source: DEED's Local Area Unemployment Statistics (LAUS) | |||
The Local Area Unemployment Statistics (LAUS) data tool shows labor force, employment, and unemployment by county, region, statewide, and nationwide.
