Minnesota’s unemployment numbers continue to improve as job growth in the state outpaces the nation.
According to an update from Minnesota DEED, the unemployment rate is no 3.3 percent, down two-tenths of a percentage point from October.
The labor force participation rate declined slightly as more than 2,500 Minnesotans left the labor force.
Average hourly earnings have risen nearly 9.5 percent since the November of 2019, rising $1.73 an hour over this year.
“Combined with significant wage increases, the job market in Minnesota is hot,” said DEED Commissioner Steve Grove.
“We’re reaching out every day to assist thousands of Minnesotans in finding meaningful careers that will help advance our economy at this critical point in our pandemic recovery.”