Mankato-North Mankato, Minnesota Unemployment
The BLS reported that the unemployment rate for Mankato fell 0.1 percentage points in November 2020 to 3.5%. For the same month, the metro unemployment rate was 0.9 percentage points lower than the Minnesota rate. The unemployment rate in Mankato peaked in May 2020 at 8.4% and is now 4.9 percentage points lower. You can also compare Mankato unemployment with unemployment in other cities.
| Unemployment Rate | November 2020 | Month/Month | Year/Year |
|---|---|---|---|
| National | 6.7% | -0.2 | +3.1 |
| Minnesota | 4.4% | -0.2 | +1.1 |
| Mankato | 3.5% | -0.1 | +0.8 |
Unemployment Rate: Mankato, Minnesota, National
Note: Recessions shown in gray.
Mankato, Minnesota Unemployed
The number of people unemployed in Mankato peaked in May 2020 at 5,169. There are now 2,989 fewer people unemployed in the metropolitan area. From a recent trough of 2,168 in October 2020, the number of unemployed has now grown by 12. Mankato employment and jobs data (including jobs lost/gained in Mankato, Minnesota) is also available.
| Unemployed Persons | November 2020 | Month/Month | Year/Year |
|---|---|---|---|
| Mankato | 2,180 | +12 | +502 |
Number of Unemployed Persons
Mankato, Minnesota Unemployment History
| Date | National Unemployment Rate |
Minnesota Unemployment Rate |
Mankato Unemployment Rate |
Mankato Unemployed |
|---|---|---|---|---|
| December 2020 |
6.7% | — | — | — |
| November 2020 |
6.7% | 4.4% | 3.5% | 2,180 |
| October 2020 |
6.9% | 4.6% | 3.6% | 2,168 |
| September 2020 |
7.8% | 5.9% | 4.6% | 2,840 |
| August 2020 |
8.4% | 7.4% | 5.9% | 3,841 |
| July 2020 |
10.2% | 7.6% | 6.0% | 3,863 |
| June 2020 |
11.1% | 8.6% | 7.1% | 4,514 |
| May 2020 |
13.3% | 9.9% | 8.4% | 5,169 |
| April 2020 |
14.8% | 8.7% | 7.9% | 4,811 |
| March 2020 |
4.4% | 2.9% | 2.4% | 1,521 |
| February 2020 |
3.5% | 3.1% | 2.5% | 1,561 |
| January 2020 |
3.5% | 3.2% | 2.6% | 1,608 |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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