Minnesota job loss 3% for 2009
Data released this morning by DEED indicates we've lost 80,800 jobs in Minnesota in 2009. Job loss was 4,100 for December, along with a downward revision in November to a -1,500 from a +3,000.
“December’s results are consistent with the ebb and flow of a recovering economy. We expected the pace of recovery would be slow, although generally the Minnesota economy is on the mend and should continue to improve in the coming months,” DEED Commissioner Dan McElroy said.
...In the state Metropolitan Statistical Areas, over-the-year job losses occurred in the Duluth-Superior MSA (down 3.4 percent), St. Cloud MSA (down 3.1 percent), Minneapolis-St. Paul MSA (down 2.7 percent) and Rochester MSA (down 0.5 percent).
The decline in St. Cloud for the 12 months to Novmeber 2009 was 3.6%, so the rate of decline is slowing, but at a job loss of 3,100 it is still the largest yearly decline in St. Cloud since we started tracking the data in 1988.
Cross-posted and comments welcome at SCSU Scholars.
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