State's job losses slow in May
Minnesota employers cut 1,600 jobs in May, the smallest monthly loss since August 2008, according to figures released Thursday by the Minnesota Department of Employment and Economic Development. Over the past year, the state has lost 3.4 percent of its jobs, compared with job cuts nationwide of 4 percent.
The Minnesota unemployment rate edged up slightly from 8 percent in April to a seasonally adjusted 8.2 percent in May. The U.S. rate for May was 9.4 percent.
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