Unemployment rate lowest since 1999

Minnesota’s unemployment numbers are the lowest they’ve been since 1999.

Labor force participation increased last month, from 67.6 percent to 67.9 percent.

Minnesota gained 5,200 jobs last month and has a 2.7 percent unemployment rate for February.

“We’re glad to see another significant jump in labor force participation during this tight labor market,” said DEED Commissioner Steve Grove.

“We believe that the efforts of DEED and our workforce partners across Minnesota are bringing more people off the sidelines and into good jobs now. We remain laser-focused on helping businesses connect with workers, particularly in communities that are often overlooked.”

The nation’s unemployment rate is 3.8 percent with labor force participation at 62.3 percent.

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