Minnesota’s Unemployment Rate Drops in February

Minnesota’s unemployment rate dropped to 4.3% last month from 4.5% in January, state officials said Thursday, but the state still needs to make up ground on the road to economic recovery.

 

The amount of people recorded as out of work in Minnesota is less than the national unemployment rate of 6.2%.

 

Minnesota lost more than 416,000 jobs at the beginning of the pandemic and has only regained about half, 205,100, back.  The leisure and hospitality industry has lost the most jobs of any sector over the last.