MN cuts 11,400 jobs in April, unemployment at 5-year low - KMSP-TV

MN cuts 11,400 jobs in April, unemployment at 5-year low

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MINNEAPOLIS (KMSP) -

Minnesota cut 11,400 jobs in April while the state unemployment rate fell to 5.3 percent, a five-year low.

Figures released Thursday by the Minnesota Department of Employment and Economic Development (DEED) said the jobless rate is still below the U.S. rate of 7.5 percent.

DEED's figures report Minnesota has gained 24,400 jobs over the past year at a growth rate of 1 percent.

Job loss breakdown:

Trade, transportation, utilities: 5,700
Government: 2,000
Leisure and hospitality: 1,900
Manufacturing: 1,100
Other services: 900
Professional and business services: 500
Financial activities: 400
Construction: 100

Information and education/health care each gained 600 jobs in April, while logging and mining remained the same.

Job sector growth throughout the year:

Education/health services: 10,500
Professional and business services: 8,600
Trade, transportation, utilities: 6,800
Information: 2,200
Leisure and hospitality: 800
Financial activities: 600
Other services: 600
Logging and mining: 200

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