Department of Numbers

Minneapolis-St. Paul-Bloomington, Minnesota Unemployment

The BLS reported that the unemployment rate for Minneapolis rose 0.1 percentage points in September 2022 to 2.0%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Minnesota rate. The unemployment rate in Minneapolis peaked in May 2020 at 11.9% and is now 9.9 percentage points lower. From a post peak low of 1.9% in July 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Minneapolis unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Minnesota 2.0% +0.1 -1.2
Minneapolis 2.0% +0.1 -1.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October 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 May 2020 at 239,080. There are now 199,173 fewer people unemployed in the metropolitan area. From a recent trough of 39,266 in July 2022, the number of unemployed has now grown by 641. Minneapolis employment and jobs data (including jobs lost/gained in Minneapolis, Minnesota) is also available.

Unemployed Persons September 2022 Month/Month Year/Year
Minneapolis 39,907 +458 -19,000

Number of Unemployed Persons

Minneapolis, Minnesota Unemployment History

Date National
Unemployment Rate
Minnesota
Unemployment Rate
Minneapolis
Unemployment Rate
Minneapolis
Unemployed
October
2022
3.7%
September
2022
3.5% 2.0% 2.0% 39,907
August
2022
3.7% 1.9% 1.9% 39,449
July
2022
3.5% 1.8% 1.9% 39,266
June
2022
3.6% 1.8% 2.0% 40,159
May
2022
3.6% 2.0% 2.1% 41,934
April
2022
3.6% 2.2% 2.2% 44,478
March
2022
3.6% 2.5% 2.4% 48,502
February
2022
3.8% 2.7% 2.5% 50,934
January
2022
4.0% 2.9% 2.7% 54,518
December
2021
3.9% 3.0% 2.8% 56,363
November
2021
4.2% 3.1% 2.8% 56,095

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.