Jobless Rate Falls
From the Star Tribune:
Minnesota added 2,600 jobs in October; jobless rate fell to
Minnesota payrolls grew by 2,600 jobs in October, including 2,100 broadly spread across the state's manufacturers, according to monthly figures released Tuesday by the Minnesota Department of Employment and Economic Development.
The state's seasonally adjusted unemployment rate went down from 3.9 percent to 3.7 percent -- both measures reversing September's report when jobs were down and unemployment was up.
Some of the strongest growth in manufacturing was in computer and electronics, and "miscellaneous" -- two-thirds of that being medical equipment manufacturing, said Steve Hine, the department's labor market research director.
Government employment rose, as schools filled 1,600 jobs. Among the sectors that lost jobs were information and "other services," a hodge-podge as varied as auto repair shops and religious organizations, he said. (Source: Star Tribune, Nov. 16, 2005)