Minneapolis-St. Paul ranks first with lowest May unemployment rates
According to a preliminary report released by the United Stated Department of Labor, Minneapolis-St. Paul ranked first in unemployment rates for large metropolitan areas (with a census of 2000 population of 1 million or more) at 4.7 percent.
The highest unemployment rate was 9.1 in December, 1982 and the lowest unemployment rates were in March of 1999 when just 2.5 percent of residents were unemployed.
In addition, U.S. employers added 195,000 jobs in June and national unemployment rates remained 7.6 percent. In the first six months of 2013, companies added 1.2 million jobs, an average of 202,000 jobs per month.