Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Minnesota sheds 12,500 jobs in October

 


Minnesota employers cut 12,500 jobs in October, another worrying sign for a job market that has been slow-growing for a year and stagnant since July.

It was the worst monthly job loss in Minnesota since July 2011.

“The number of jobs lost in October is certainly a disappointment,” said Shawntera Hardy, commissioner of Minnesota Department of Employment and Economic Development, which released the figures on Thursday. “However, this is one snapshot in time. Overall, the state has still added more than 30,000 jobs this past year, and Minnesota’s unemployment rate remains steady.”

http://www.startribune.com/minnesota-sheds-12-500-jobs-in-october/401702245/

 

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