Twin Cities Leads All Major US Markets in Unemployment Rate Expansion From 2022 Low


The unemployment rate for the Minneapolis-St. Paul region rose to 3.2% in February, a 170 basis point expansion from its all-time low of 1.5% in April 2022, according to the latest Bureau of Labor Statistics release. This follows the Twin Cities’ biggest cumulative six-month decline in employment in over a decade, pushing total nonfarm payrolls nearly 44,000 below pre-pandemic levels as of January.

Recent Articles

spot_img

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox