Minnesota’s unemployment rate held steady at four percent in June and the state’s labor force participation rate also remained level at nearly 68 percent.
Over the month, Minnesota lost 600 jobs on a seasonally adjusted basis. The private sector lost 3,100 jobs, down 0.1%. These losses are the first since December 2020 in Minnesota. Growth has been uneven from month to month coming out of the pandemic recession. Based on 12-month moving averages, the unemployment rate for Black Minnesotans fell in June to 4.5% from 6.9% in May and for Latinx Minnesotans, it remained steady at 6.6%. White Minnesotans were at 4.9% in June, down from 5.1% in May.