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Minnesota Posts Modest Job Gains While Workforce Shrinks

May’s payroll rise and lower unemployment suggest recovery but a six-month drop in participation points to a tighter labor supply and tougher hiring conditions.

Overview

  • DEED’s May report shows Minnesota added 5,400 nonfarm jobs and the unemployment rate fell to 4.4%, reflecting a small month-to-month improvement.
  • Private-sector hiring drove the gain with Leisure and Hospitality adding about 2,400 jobs and Construction adding about 2,100 jobs in May.
  • The state’s labor force participation declined to 67.2%, a drop for the sixth straight month that means fewer people are available to fill openings.
  • Minnesota’s over-the-month job growth outpaced the national rate for a second consecutive month even after an early-2026 loss of 6,400 jobs and two-month rebounds of 19,000 and 23,900 jobs in later windows.
  • DEED officials cited investments in upskilling and pointed to national trends such as lower immigration and rising retirements; recent data also show average hourly pay slid 0.5% year-over-year and hiring may be taking longer for many jobseekers.