Minnesota lost 4,200 jobs in July, and is adding them at an anemic pace year-to-date:
State officials said Thursday that Minnesota employers shed a seasonally adjusted 4,200 jobs in July. Meanwhile, they also revised June’s numbers downward by 3,600 jobs.
That means that, year-to-date, Minnesota has added a meager 2,900 jobs, or about 400 per month, on an adjusted basis.
During July, the education and health services sector lost 5,300 jobs. Information shed 1,000; construction, 700; financial activities, 200; and government, 100.
The sectors that added jobs: trade, transportation, and utilities (up 1,600); manufacturing (700); leisure and hospitality (600); and other services (200). Logging and mining, and professional and business services held steady.
Look for the Alliance for a Better Minnesota’s lie machine to fabricate a lot of phony economic happytalk in the next ten weeks; as we discussed earlier, they’re off to a running start.
No – a lot.