Go to HHH home page.
Smart Politics
 


Minnesota Unemployment Rate Drops to 10-Year Low Against National Rate

Bookmark and Share

Minnesota's seasonally adjusted unemployment rate fell 0.1 points in August, to 8.0 percent, according to new data released by the Department of Employment and Education Development.

While the drop is modest, this marks the first time the Gopher State's unemployment rate has fallen in two consecutive months since May and June 2007 (falling from 4.7 to 4.6 to 4.5 percent from April-June of that year).

Seasonally adjusted jobless claims in Minnesota fell from 8.4 percent in June of this year to 8.1 percent in July.

With statements coming out of Washington, D.C. that the recession might be over and the stock market in the midst of a healthy rebound this year, Minnesota may have escaped reaching double-digit unemployment, as once feared earlier in 2009. Fifteen states across the U.S. were enduring jobless rates in excess of 10 percent as of July, including several in the Midwest: Illinois (10.4 percent), Indiana (10.6 percent), Ohio (11.2 percent), and Michigan (15.0 percent).

In fact, Minnesota's jobs crisis in 2009, while historic along several dimensions, is now at a 10-year low vis-à-vis the national unemployment rate. In August, unemployment nationwide rose from 9.4 to 9.7 percent, leaving the U.S. rate 1.7 points higher than the Gopher State. This is the largest percentage point difference since April 1999, when Minnesota's 2.5 percent unemployment rate was 1.8 points below the national average of 4.3 percent.

Dating back to January 1976, Minnesota's unemployment rate has only been higher than the national average in just 6 months (all in 2007-2008), has been even with the national rate in 3 months, and has been lower than the national rate in 395 months.

Follow Smart Politics on Twitter.

Previous post: How Competitive Can Eva Ng Make the 2009 St. Paul Mayoral General Election?
Next post: Wisconsin's Unemployment Rate Drops for First Time in 15 Months

Leave a comment


Remains of the Data

Slam Dunk: Will 36 Record Presidential Winning Streaks Continue in 2016?

Three-dozen states are currently in the midst of their longest Democratic or Republican presidential winning streaks.

Political Crumbs

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.


Two Dakotas, One Voice?

For each of the last 24 presidential elections since 1920, North and South Dakota have voted in unison - casting their ballots for the same nominee. For 21 of these cycles (including each of the last 12 since 1968) Republicans carried the Dakotas with just three cycles going to the Democrats (1932, 1936, and 1964). This streak stands in contrast to the first few decades after statehood when North and South Dakota supported different nominees in four of the first seven cycles. North Dakota narrowly backed Populist James Weaver in 1892 while South Dakota voted for incumbent Republican Benjamin Harrison. In 1896, it was North Dakota backing GOPer William McKinley while South Dakota supported Democrat William Jennings Bryan by less than 200 votes. North Dakota voted Democratic in 1912 and 1916 supporting Woodrow Wilson while South Dakota cast its Electoral College votes for Progressive Teddy Roosevelt and Republican Charles Hughes respectively.


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