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 Have the Longest and Shortest Election Day Voting Hours?

    Residents in some North Dakota towns have less than half as many hours to cast their ballots as those in New York State.

    Political Crumbs

    Mary Burke: English First?

    While multiculturalism and bilingualism are increasingly en vogue in some quarters as the world seemingly becomes a smaller place, one very high profile 2014 Democratic candidate does not shy away from the fact that she only speaks one language: English. In an attempt to highlight her private sector credentials working for Trek Bicycle, Wisconsin Democratic gubernatorial nominee Mary Burke boasts on her campaign bio page how she made great strides in international business dealings...while only speaking English: "Despite not speaking a single foreign language, she established sales and distribution operations in seven countries over just three years." Note: According to 2010 Census data, nearly half a million Wisconsinites over five years old speak a language other than English at home, or 8.7 percent, while 4.6 percent of Badger State residents do not speak English at all.


    Does My Key Still Work?

    Much has been made about Charlie Crist's political transformation from Republican to independent to Democrat en route to winning the Florida GOP and Democratic gubernatorial nominations over a span of eight years. Party-switching aside, Crist is also vying to become just the second Florida governor to serve two interrupted terms. Democrat William Bloxham was the first - serving four year terms from 1881 to 1885 and then 1897 to 1901. Florida did not permit governors serving consecutive terms for most of its 123 years prior to changes made in its 1968 constitution. Since then four have done so: Democrats Reubin Askew, Bob Graham, and Lawton Chiles and Republican Jeb Bush.


    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