Mankato-North Mankato, Minnesota Unemployment
The BLS reported that the unemployment rate for Mankato fell 0.1 percentage points in October 2019 to 2.7%. 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 August 2009 at 6.8% and is now 4.1 percentage points lower. From a post peak low of 2.2% in July 2018, the unemployment rate has now grown by 0.5 percentage points. You can also compare Mankato unemployment with unemployment in other cities.
Unemployment Rate | October 2019 | Month/Month | Year/Year |
---|---|---|---|
National | 3.6% | +0.1 | -0.2 |
Minnesota | 3.2% | 0.0 | +0.4 |
Mankato | 2.7% | -0.1 | +0.3 |
Unemployment Rate: Mankato, Minnesota, National
Note: Recessions shown in gray.
Mankato, Minnesota Unemployed
The number of people unemployed in Mankato peaked in August 2009 at 3,913. There are now 2,216 fewer people unemployed in the metropolitan area. From a recent trough of 1,350 in July 2018, the number of unemployed has now grown by 347. Mankato employment and jobs data (including jobs lost/gained in Mankato, Minnesota) is also available.
Unemployed Persons | October 2019 | Month/Month | Year/Year |
---|---|---|---|
Mankato | 1,697 | -19 | +245 |
Number of Unemployed Persons
Mankato, Minnesota Unemployment History
Date | National Unemployment Rate |
Minnesota Unemployment Rate |
Mankato Unemployment Rate |
Mankato Unemployed |
---|---|---|---|---|
November 2019 |
3.5% | — | — | — |
October 2019 |
3.6% | 3.2% | 2.7% | 1,697 |
September 2019 |
3.5% | 3.2% | 2.8% | 1,716 |
August 2019 |
3.7% | 3.3% | 2.8% | 1,738 |
July 2019 |
3.7% | 3.4% | 2.8% | 1,725 |
June 2019 |
3.7% | 3.3% | 2.8% | 1,709 |
May 2019 |
3.6% | 3.3% | 2.7% | 1,692 |
April 2019 |
3.6% | 3.3% | 2.7% | 1,662 |
March 2019 |
3.8% | 3.2% | 2.6% | 1,627 |
February 2019 |
3.8% | 3.1% | 2.6% | 1,569 |
January 2019 |
4.0% | 3.0% | 2.5% | 1,532 |
December 2018 |
3.9% | 2.9% | 2.4% | 1,478 |
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. ↩