November 2024 | Released December 19, 2024

Released January 08, 2025

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United States Employment Snapshot

• In November, among the 50 states and the District of Columbia unemployment fell in 6, rose in 25, and remained unchanged in 20.

• The highest unemployment rate was 5.7 percent in Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 4.2 percent.

• In November, payroll jobs rose in 39 states and fell in 12. The largest payroll job percent increase was 0.9 percent in Washington. The largest payroll job percent decline was 0.3 percent in Vermont.

Minnesota Employment Snapshot

• In November, Minnesota added 2,500 net payroll jobs and the unemployment rate rose by 0.1 percentage point to 3.5 percent. In the prior month, Minnesota added 200 net payroll jobs.

• Over the past 12 months, Minnesota added 35,100 net payroll jobs and the unemployment rate rose by 0.8 percentage points from 2.7 percent.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Minnesota is tied for 33rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In November, Minnesota’s private sector added 1,700 net private payroll jobs, and over the past 12 months it added 16,600 private payroll jobs. In the prior month, Minnesota added 1,000 net private payroll jobs.

• In November, employment in Minnesota rose by 3,170, and over the past 12 months it fell by 15,732.

• Minnesota’s labor force participation rate rose to 67.8 percent in November from 67.7 percent and ranks 6th in the nation. In the past 12 months, the labor force participation rate has fallen by 0.3 percentage points.

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Minnesota Payroll Employment

• Minnesota added 2,500 net payroll jobs, or 0.1 percent, on a seasonally adjusted basis during November. In the prior month, Minnesota added 200 jobs. Minnesota nonfarm payroll employment has increased in 9 of the past 12 months.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Minnesota is tied for 33rd in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Minnesota added 1,700 private sector jobs, or 0.1 percent. on a seasonally adjusted basis during November. In the prior month, Minnesota added 1,000 jobs. Minnesota private sector payroll employment has increased in 9 of the past 12 months.

• Nationally, private sector payroll jobs rose by 194,000 jobs in November, or 0.1 percent. Minnesota is tied for 41st in the nation for percentage gain in private sector payroll employment over the past 12 months.

• The best performing sectors on a seasonally adjusted basis during November were Education and Health Services (4,900) and Construction (2,800).

• The poorest performing sectors during the month were Leisure and Hospitality (-1,500) and Professional and Business Services (-1,900).

• The best performing sectors during the last 12 months were Education and Health Services (36,200) and Government (18,500).

• The poorest performing sectors during the last 12 months were Manufacturing (-5,700) and Professional and Business Services (-15,100).

Minnesota Labor Force

The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.

• The labor force participation rate in Minnesota rose to 67.8 percent in November from 67.7 percent in the prior month.

• Minnesota ranks 6th in the nation.

• The 10-year high for the labor force participation rate in Minnesota was 71 percent in July 2020, and the 10-year low was 67.1 percent in April 2020.

• The national labor force participation rate fell by 0.1 percentage points to 62.5 percent in November.