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Minnesota added 9,600 jobs in January, outpacing national growth, but faces future budget deficits.
Minnesota added 9,600 jobs in January, marking the strongest monthly gain since March 2024 and tripling the national job growth rate.
The state's unemployment rate remained steady at 3%, compared to 4% nationally, and its labor force participation rate rose to 68.1%.
However, the state faces budget challenges, with a projected $456 million surplus for the next biennium and a $6 billion deficit forecast for FY 2028-29.
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Minnesota agregó 9.600 puestos de trabajo en enero, superando el crecimiento nacional, pero se enfrenta a futuros déficits presupuestarios.