Department of Numbers

Minneapolis-St. Paul-Bloomington, Minnesota Unemployment

The BLS reported that the unemployment rate for Minneapolis rose 0.2 percentage points in October 2018 to 2.6%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the Minnesota rate. The unemployment rate in Minneapolis peaked in June 2009 at 8.0% and is now 5.4 percentage points lower. From a post peak low of 2.4% in August 2018, the unemployment rate has now grown by 0.2 percentage points. You can also compare Minneapolis unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
Minnesota 2.8% 0.0 -0.5
Minneapolis 2.6% +0.2 -0.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 data as November metro level unemployment data has not yet been released.

Unemployment Rate: Minneapolis, Minnesota, National

Minneapolis, Minnesota monthly unemployment rate chart

Note: Recessions shown in gray.

Minneapolis, Minnesota Unemployed

The number of people unemployed in Minneapolis peaked in July 2009 at 151,179. There are now 99,762 fewer people unemployed in the metropolitan area. From a recent trough of 48,781 in September 2018, the number of unemployed has now grown by 2,636. Minneapolis employment and jobs data (including jobs lost/gained in Minneapolis, Minnesota) is also available.

Unemployed Persons October 2018 Month/Month Year/Year
Minneapolis 51,417 +2,636 -7,265

Number of Unemployed Persons

Minneapolis, Minnesota Unemployment History

Date National
Unemployment Rate
Minnesota
Unemployment Rate
Minneapolis
Unemployment Rate
Minneapolis
Unemployed
November
2018
3.7%
October
2018
3.7% 2.8% 2.6% 51,417
September
2018
3.7% 2.8% 2.4% 48,781
August
2018
3.9% 2.9% 2.4% 49,206
July
2018
3.9% 3.0% 2.6% 51,692
June
2018
4.0% 3.1% 2.6% 52,957
May
2018
3.8% 3.1% 2.7% 54,012
April
2018
3.9% 3.2% 2.9% 58,383
March
2018
4.1% 3.2% 2.9% 57,637
February
2018
4.1% 3.2% 2.9% 57,835
January
2018
4.1% 3.3% 2.9% 58,158
December
2017
4.1% 3.3% 3.1% 61,663

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.