State gains jobs in February

March 26, 2012

MHTA – Minnesota employers added 6,200 jobs in February, according to figures released by the Minnesota Department of Employment and Economic Development (DEED). The state has added 32,300 jobs in the last three months and regained more than half of the 156,300 jobs that were lost during the recession.

The state unemployment rate ticked up 0.1 percent in February to a seasonally adjusted 5.7 percent. The U.S. unemployment rate remained unchanged at 8.3 percent.

“The labor market recovery appears to be gaining steam, with three consecutive months of strong job growth,” said DEED Commissioner Mark Phillips. “The state has now recovered 81,400 jobs since the recession.”

Education and health services led all sectors in February, adding 5,100 jobs, followed by government (up 2,500), construction (up 1,300), leisure and hospitality (up 1,300), information (up 900), other services (up 500), and logging and mining (up 200).

Job losses occurred in professional and business services (down 4,000), trade, transportation and utilities (down 900), manufacturing (down 600) and financial activities (down 100).

Over-the-year job gains occurred in professional and business services (up 14,200), education and health services (up 11,000), manufacturing (up 6,400), trade, transportation and utilities (up 3,700), construction (up 3,300), other services (up 3,100), information (up 800), financial activities (up 800), and logging and mining (up 200).

Two sectors have lost jobs in the past year: leisure and hospitality (down 10,200) and government (down 5,500).

In the state Metropolitan Statistical Areas, job gains occurred in the past 12 months in the Mankato MSA (up 4 percent), St. Cloud MSA (up 1.4 percent) and Minneapolis-St. Paul MSA (up 0.9 percent). Job losses occurred in the Rochester MSA (down 0.5 percent) and Duluth-Superior MSA (down 1.7 percent).


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