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Minnesota adds 7,700 jobs in July; unemployment rate unchanged

ST. PAUL — Minnesota employers added 7,700 jobs in July, though the state's unemployment rate remained steady at 3.7 percent.

The latest seasonally adjusted figures were released Thursday, Aug. 17, by the Minnesota Department of Employment and Economic Development. The U.S. unemployment rate was 4.3 percent.

"Minnesota is outperforming the rest of the country in a number of key economic measures, including the overall unemployment rate, labor force participation and employment-to-population ratio," said DEED Commissioner Shawntera Hardy in a prepared statement. She added that nine of the state's 11 industrial sectors are growing at faster rates than the national average.

Minnesota recorded 2,959,800 jobs in July, an increase of 66,701 over the same month in 2016. That 2.3 percent jump tops the national 1.5 percent increase, according to the state agency.

The agency also announced that June's employment figures were revised upward by 4,900 jobs to bring total gains that month to 9,300 jobs.

Who's hiring

Minnesota's education and health services employers led the state's other sectors in July, adding 8,400 jobs.

Other sectors gaining workers were leisure and hospitality, adding 2,800 jobs; government, adding 1,600 jobs; manufacturing, up 500 jobs; other services, adding 400 positions; and information, which added 200 jobs.

Who's cutting

According to the state, the trade, transportation and services sector lost 2,600 jobs in July.

Other industries recording fewer jobs: professional and business services cut 1,500 jobs overall; financial activities jobs decreased by 1,400; and construction jobs were down by 700.