Unemployment ticks up, but still down from ‘12

Published 11:58 am Tuesday, July 30, 2013

Austin’s June unemployment rate was a shade higher than it was the month before, but it was below the June 2012 rate.

The jobless rate was 5 percent last month, above the 4.6 percent from May but below the 5.4 percent from last year, according to data released last week by the Minnesota Department of Employment and Economic Development. All numbers are not seasonally adjusted.

May’s rate, adjusted up from 4.5, is just above the five-year low of 4.5 percent set in November 2012. The 12-month average is 5 percent, compared to 5.3 percent during the previous 12.

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There were 675 Austin residents looking for work last month out of a labor force of 13,594.

In Mower County, the jobless rate was 4.7 percent, up from last month but below the 5.1 percent in June last year. There were 1,014 Mower County residents looking for work, or 339 outside of Austin. Mower’s rate is lower than Fillmore’s (5), Dodge’s (5.1) and Freeborn’s (5.2), but higher than Olmsted’s, which was 4.4.

The June jobless rate was 4.4 percent in Rochester, 5.2 in Owatonna, 5.8 in Albert Lea, and 6 in Winona.

The seasonally adjusted unemployment rate in Minnesota for June was 5.2 percent, a shade lower than May’s 5.3. Minnesota continued its long streak of outperforming the national jobless rate, which in June was 7.6 percent.