Report notes that state has recovered all jobs lost from recession
Wednesday, September 25, 2013
Minnesota employers added 12,200 jobs in August, pushing total jobs in the state over the pre-recessionary total recorded in February 2008, according to a recent report from the Minnesota Department of Employment and Economic Development (DEED).
The agency noted that Minnesota eclipsed that February 2008 total by 5,100 jobs, and that its current growth rate of 2.3 percent exceeds the national rate of 1.7 percent.
"August's employment numbers mark a major milestone in the recovery of Minnesota's economy," said DEED Commissioner Katie Clark Sieben in a statement. "We've now recovered all of the jobs lost during the recession, which is one of the many positive indicators pointed to continued economic growth."
The report noted that the only sector to lose jobs over the past year was manufacturing.