Department of Numbers

Mankato-North Mankato, Minnesota Unemployment

The BLS reported that the unemployment rate for Mankato fell 0.1 percentage points in March 2023 to 2.3%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the Minnesota rate. The unemployment rate in Mankato peaked in May 2020 at 9.7% and is now 7.4 percentage points lower. From a post peak low of 2.0% in April 2022, the unemployment rate has now grown by 0.3 percentage points. You can also compare Mankato unemployment with unemployment in other cities.

Unemployment Rate March 2023 Month/Month Year/Year
National 3.5% -0.1 -0.1
Minnesota 2.8% -0.2 +0.4
Mankato 2.3% -0.1 +0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with March 2023 data as April metro level unemployment data has not yet been released.

Unemployment Rate: Mankato, Minnesota, National

Mankato, Minnesota monthly unemployment rate chart

Note: Recessions shown in gray.

Mankato, Minnesota Unemployed

The number of people unemployed in Mankato peaked in May 2020 at 5,895. There are now 4,452 fewer people unemployed in the metropolitan area. From a recent trough of 1,194 in June 2022, the number of unemployed has now grown by 249. Mankato employment and jobs data (including jobs lost/gained in Mankato, Minnesota) is also available.

Unemployed Persons March 2023 Month/Month Year/Year
Mankato 1,443 -17 +189

Number of Unemployed Persons

Mankato, Minnesota Unemployment History

Date National
Unemployment Rate
Minnesota
Unemployment Rate
Mankato
Unemployment Rate
Mankato
Unemployed
April
2023
3.4%
March
2023
3.5% 2.8% 2.3% 1,443
February
2023
3.6% 3.0% 2.4% 1,460
January
2023
3.4% 2.9% 2.3% 1,426
December
2022
3.5% 2.9% 2.3% 1,427
November
2022
3.6% 3.0% 2.3% 1,427
October
2022
3.7% 3.0% 2.3% 1,403
September
2022
3.5% 2.9% 2.2% 1,340
August
2022
3.7% 2.7% 2.1% 1,274
July
2022
3.5% 2.6% 2.0% 1,221
June
2022
3.6% 2.4% 2.0% 1,194
May
2022
3.6% 2.4% 2.0% 1,197

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.