Minnesota’s seasonally adjusted unemployment rate remained at 7.4 percent in December 2009 – unchanged from November
The Gopher State’s jobless rate has now remained flat or declined in five of the last six months, after reaching a recession-long high of 8.4 percent in June 2009.
Over the past 12 months, Minnesota’s unemployment rate is up 12.1 percent. Back in December 2008, the jobless rate was 6.6 percent.
Compared to the rest of the country, Minnesota has been spared the worst of the nation’s job crisis. As of November the Gopher State had endured only the second lowest increase in seasonally adjusted unemployment rates across the nation over the past year.
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