Midwest region · state data

Minnesota unemployment rate and jobs

Minnesota's unemployment rate was 4.5% in Sep 2026, 0.3 percentage points above the U.S. rate of 4.2%. That was up from 4.1% a year earlier.

Source: U.S. Bureau of Labor Statistics (Local Area Unemployment Statistics and Current Employment Statistics) via FRED®. Monthly data, seasonally adjusted. Latest observation Sep 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.

Unemployment rate (Sep 2026)

4.5%

U.S. rate, same month

4.2%

Difference from U.S.

+0.3 pt

A year earlier

4.1%

Rank (1 = lowest rate)

39th of 51

Nonfarm jobs (Sep 2026)

3.07 million

Job growth, 12 months

+1.2%

Record low rate

2.2% (Jun 2022)

Unemployment rate: Minnesota vs. the U.S.

4.5% Sep 2026 · Percent

2.0%2.5%3.0%3.5%4.0%4.5%20222023202420252026

Minnesota unemployment rate U.S. unemployment rate

Percent of the labor force, seasonally adjusted. Minnesota data from Jan 1976 to Sep 2026; the dashed line is the national rate (UNRATE).

How Minnesota compares

In Sep 2026, Minnesota had the 13th highest rate of the 51 states and DC. Across the 12 states in the Midwest region, the simple average was 3.5%, so Minnesota was 1.0 points above it.

Since the state series began in 1976, Minnesota's rate has ranged from a low of 2.2% in Jun 2022 to a high of 11.1% in May 2020. Just before the pandemic, in February 2020, it was 3.5%, 1.0 points lower than now. Over the last 12 months the rate averaged 4.4% and was above the national rate in 9 of them.

Jobs in Minnesota

Employers in Minnesota reported 3.07 million nonfarm payroll jobs in Sep 2026, seasonally adjusted. That is 36,800 more than a year earlier (+1.2%), compared with +0.3% for the nation as a whole. Its 12-month job growth rate ranked 8th of 51. The record high was 3.07 million in Aug 2026. Compared with February 2020, payrolls are up 2.3%.

3,065.0K Sep 2026 · Thousands of persons

2,850K2,900K2,950K3,000K3,050K20222023202420252026

Total nonfarm payroll jobs, thousands, seasonally adjusted, from the BLS survey of employers. Data from Jan 1990.

Last 12 months in Minnesota
MonthUnemployment rateU.S. rateNonfarm jobsMonthly job change
Sep 20264.5%4.2%3.07 million-4,600
Aug 20264.4%4.1%3.07 million+2,500
Jul 20264.3%4.1%3.07 million+1,600
Jun 20264.4%4.2%3.07 million+9,800
May 20264.4%4.3%3.06 million+10,200
Apr 20264.5%4.3%3.05 million+18,500
Mar 20264.5%4.3%3.03 million+500
Feb 20264.5%4.4%3.03 million-6,900
Jan 20264.4%4.3%3.03 million-1,600
Dec 20254.2%4.4%3.04 million+700
Nov 20254.2%4.5%3.03 million+6,100
Sep 20254.1%4.4%3.03 million+3,500

Record high unemployment rate: 11.1% (May 2020). Monthly figures are revised each year when BLS benchmarks the state data.

States with similar unemployment rates

Other Midwest states

This page shows public labor market data for general information. It is not financial or career advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor the U.S. Bureau of Labor Statistics endorses OpenEcon.