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February 2024 - Minnesota Employment Review

Spotlight: Harvesting Change in Southeast Minnesota's Agriculture Industry

The Agriculture, Forestry, Fishing, and Hunting industry plays a crucial role in the local economy and community.

Local Area Unemployment Statistics (LAUS)

The unemployment rate ticked down to 2.9% in Minnesota in December from 3.1% in November on a seasonally adjusted basis.

January 2024: Alternative Measures of Unemployment

Minnesota's official unemployment rate is a useful indicator of the health of the state's economy, but it does not tell the whole story.

Industrial Analysis

An analysis of the current month’s employment picture broken out by industry.

Regional Analysis

An analysis of the current month’s employment picture broken out by Metropolitan Statistical Area.

JOLTS Update

The Job Openings and Labor Turnover (JOLTS) Survey conducted by the BLS shows that the number of job openings increased by 1,000 or 0.5% in Minnesota to 210,000,000 in December on a seasonally adjusted basis.

Consumer Price Index

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January on a seasonally adjusted basis, after rising 0.2 percent in December.

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