Rochester Area Unemployment Nearing 1999 Levels
Rochester MN (KROC AM News) - The unemployment rate in the Rochester area last month was the lowest it has been since the beginning of millennium.
The latest jobs report from the Minnesota Department of Employment and Economic Development shows the jobless rate in Olmsted County slid a tenth of a point from October to 2.2-percent. That tied the unemployment rate from January of 2001, which was the lowest the rate had been since the fall of 1999 when the Rochester area experienced jobless rates below 2-percent.
The number of people in Olmsted County that were classified as unemployed last month was just over 1,800. That is the lowest that figure has been since December of 2000.
Across the region, there was a mix of small decreases and increases in the unemployment rates, but only one county reported a rate above 3-percent. Freeborn County saw its jobless rate rise 3-tenths of a point to 3.3-percent in November.
The biggest drop in unemployment occurred in Winona County, where the rate fell 4-tenths of a point to 2.3-percent, which was the lowest jobless rate in that county since December of 1999.