Go to HHH home page.
Smart Politics
 


Minnesota Unemployment Rate Slows to Smallest Increase Since September

Bookmark and Share

Although Minnesota’s new March unemployment numbers, released this morning by the state's Department of Employment and Economic Development, are the highest since May 1983, the 8.2 percent seasonally adjusted rate marks the slowest rate of decline in jobs in the Gopher State in half a year.

Jobless claims rose from 8.0 percent in February to 8.2 percent in March’s preliminary numbers, an increase of 2.5 percent. This marks the lowest rate of increase since unemployment held flat in Minnesota from August to September 2008:

Minnesota Unemployment Rate of Increase

Month
Rate
% Monthly change
September 2008
5.4
0.0
October 2008
5.6
+3.7
November 2008
6.1
+8.9
December 2008
6.6
+8.2
January 2009
7.5
+13.6
February 2009
8.0
+6.7
March 2009
8.2
+2.5
Note: Table compiled by Smart Politics with data from the Minnesota Department of Employment and Economic Development and Bureau of Labor Statistics, U.S. Department of Labor.

However, the 0.2-point rise in unemployment from February did trigger the setting of another grim record in the Gopher State – the largest 12-month increase in jobless claims, rising at a 60.8 percent clip from March 2008. The current economic crisis has led to three of the top five largest 12-month increases occurring during each of the past three months.

Largest Yearly Proportional Unemployment Increase in Minnesota, 1976-2009

Rank
Period
Percent increase
1
March 2008 – March 2009
60.8
2
February 2008 – February 2009
60.0
2
August 1981 – August 1982
60.0
4
July 1981 – July 1982
56.4
5
January 2008 – January 2009
56.3
Note: Table compiled by Smart Politics with data from the Minnesota Department of Employment and Economic Development and Bureau of Labor Statistics, U.S. Department of Labor.

Whether or not this decline in the rate of unemployment growth from February to March is a sign of a stabilization of Minnesota’s economy is not yet clear. Nationwide, March's jobless claims rose at a rate double that expereinced in the Gopher State, from 8.1 to 8.5 percent. Meanwhile, South Dakota’s unemployment situation shows no sign of slowing down.

New March numbers will be released later this month in Iowa, North Dakota, and Wisconsin.

Follow Smart Politics on Twitter.

Previous post: South Dakota Unemployment Rate Reaches 23+ Year High
Next post: Wisconsin Unemployment Rate Eclipses Minnesota for First Time Since Summer 2007

1 Comment


  • Has the recession leveled off? Nonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5 to 8.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, April 8, 2009. Since the recession began in December 2007, 5.7 million jobs have been lost. In April, job losses were large and widespread across nearly all major private-sector industries. Overall, private-sector employment fell by 611,000. The details of the report can be found here. http://pfx.me/l2

  • Leave a comment


    Remains of the Data

    Which States Own the Best Track Record in Backing Eventual GOP Presidential Nominees?

    Nine states (each with primaries) have an unblemished record in voting for the eventual Republican nominee since 1976 - and not all host contests on the back end of the calendar.

    Political Crumbs

    Evolving?

    When Scott Walker "punted" back in February after being asked if he was comfortable with the idea of evolution he added, "That's a question a politician shouldn't be involved in one way or the other." However, it may very well be a question that is asked at one of the upcoming GOP debates this year. In South Carolina during the first GOP debate in 2012, FOX News' Juan Williams asked Tim Pawlenty, "Do you equate the teaching of creationism with the teaching of evolution as the basis for what should be taught for our nation's schools?" Pawlenty replied, "There should be room in the curriculum for study of intelligent design" but that it was up to the local school districts if it should be in a science class or comparative theory class. At the fourth Republican debate held in California, Jon Huntsman addressed the GOP becoming "anti-science" thusly: "Listen, when you make comments that fly in the face of what 98 out of 100 climate scientists have said, when you call into question the science of evolution, all I'm saying is that, in order for the Republican Party to win, we can't run from science. We can't run from mainstream conservative philosophy."


    73 Months and Counting

    January's preliminary Bureau of Labor Statistics numbers show Minnesota's unemployment rate of 3.7 percent was once again lower than Wisconsin's 5.0 percent. That marks the 73rd consecutive month in which Minnesota has boasted a lower jobless rate than its neighbor to the east dating back to January 2009 including each of the last 67 months by at least one point. The Gopher State has now edged Wisconsin in the employment border battle for 204 of the last 216 months dating back to February 1997. Wisconsin only managed a lower unemployment rate than Minnesota for the 12 months of 2008 during this 18-year span.


    more POLITICAL CRUMBS

    Humphrey School Sites
    CSPG
    Humphrey New Media Hub

    Issues />

<div id=
    Abortion
    Afghanistan
    Budget and taxes
    Campaign finances
    Crime and punishment
    Economy and jobs
    Education
    Energy
    Environment
    Foreign affairs
    Gender
    Health
    Housing
    Ideology
    Immigration
    Iraq
    Media
    Military
    Partisanship
    Race and ethnicity
    Reapportionment
    Redistricting
    Religion
    Sexuality
    Sports
    Terrorism
    Third parties
    Transportation
    Voting