MN Valley Business

Page 12

Employment/Unemployment Initial unemployment claims

Minnesota initial unemployment claims

Business Barometers

Nine-county Mankato region

Major industry

’11

June ’12

Percent change ’11-’12

Construction Manufacturing Retail Services Total*

182 176 63 394 815

126 201 77 281 685

-30.8% -14.2% -22.2% -28.7% -16.0%

2011

2012

130,000

110,000

1,000

A

M

3,374 2,558 1,677 9,769 17,378

2,525 2,545 1,463 7,330 14,263

-25.1% -10.5% -12.8% 20.9% -18.0%

2011

J

J

A

Local number of unemployed Nine-county Mankato region

S

O

N

2011

D

2012

J

F

M

A

M

J

J

A

S

O

N

D

Minnesota number of unemployed 2011

8,756 7,431

10,000

0

2012

2,782.5 2,826.3

3,000 2,000

M

Percent change ’11-’12

Minnesota non-farm jobs

120,000

F

’12

(in thousands)

126,381 126,805

J

’11

Services consist of administration, educational, health care and social assistance, food and other miscellaneous services. *Categories don't equal total because some categories not listed.

Nine-county Mankato region

100,000

June

Construction Manufacturing Retail Services Total*

Services consist of administration, educational, health care and social assistance, food and other miscellaneous services. *Categories don't equal total because some categories not listed.

Local non-farm jobs

Major industry

2012

209,859 174,074

225,000

8,000 200,000

6,000 4,000

175,000

2,000 0

J

F

M

A

M

J

J

A

S

O

N

June

2011

Unemployment rate

5.8%

5.1%

55,237

56,721

3,042

3,058

2012

Source: Minnesota Department of Employment and Economic Development

10 • August 2012 • MN Valley Business

J

F

M

County/area

(includes all of Blue Earth and Nicollet Counties)

Number of unemployed

150,000

A

Unemployment rates

Mankato/North Mankato Metropolitan statistical area

Number of non-farm jobs

D

Blue Earth Brown Faribault Le Sueur Martin Nicollet Sibley Waseca Watonwan Minneapolis/St. Paul Minnesota U.S.

M

J

J

A

S

O

N

D

Counties, state, nation June 2011 June 2012 5.9% 5.5% 7.5% 7.6% 6.6% 5.6% 5.6% 6.4% 7.0% 6.2% 6.7% 9.3%

5.1% 5.4% 6.1% 6.6% 5.8% 5.1% 5.2% 5.8% 6.3% 5.8% 5.8% 8.4% J. Malmanger


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