Minnesota
Minnesota down 3,200 net jobs in June, unemployment ticks up to 2.9%
Minnesota lost 3,200 jobs from in June on a seasonally adjusted basis, and the state’s unemployment rate ticked up one-tenth of a percentage point to 2.9%, the Minnesota Department of Employment and Economic Development said in news release Thursday. The state’s private sector lost 3,300 jobs.
It’s the second month in a row the state has seen a net job loss. In May, the state lost 8,600 jobs, but gained 3,900 jobs in April. Minnesota has added jobs eight of the last 12 months.
The state’s labor force declined by more than 3,100 people, bringing the labor force participation rate down two-tenths of a percentage point to 67.8%. This measures the number of people either working or actively seeking work, and is used to calculate the headline unemployment rate.
“We closely monitor job and labor force growth and we continue to believe that job growth, particularly in certain sectors, is constrained by a lack of available workers with necessary skills,” DEED Commissioner Matt Varilek said in the news release. “That’s why DEED and our agency partners are focused on innovative initiatives to help connect Minnesotans looking for work with in-demand employment.”
The state’s data compare with a national unemployment rate of 4.1% in June, up one-tenth of a percentage point, and a labor force participation rate of 62.6%.
Over the month, areas that gained jobs on a seasonally adjusted basis included Education & Health Services, up 4,500 jobs, and Construction, up 300 jobs.
Losing jobs were Professional & Business Services, down 3,000 jobs, Leisure & Hospitality, down 2,100 jobs, and Manufacturing, down 1,600 jobs.
Wages in Minnesota again outpaced inflation, with average hourly wages for all private sector workers increasing $2.02, or 5.7%, over the year. The Consumer Price Index, a common measure of inflation, rose 3% over the year, meaning wages increased almost twice as fast as inflation.
Among broader measures of unemployment, the broadest, called the U-6, was at 5.7%, up from 5.4% in May, according to DEED. This takes into account those who have voluntarily dropped out of the labor force and are no longer looking for work, along with those marginally employed and those working part-time but seeking full-time work.
Originally Published:
The Portland Trail Blazers picked Minnesota Timberwolves assistant Micah Nori as their next head coach on Tuesday, after making the playoffs for the first time in five years under the direction of interim coach Tiago Splitter.
Nori, who spent the past five seasons with the Timberwolves, has interviewed for multiple head coach vacancies, including the Chicago Bulls earlier this month, the New York Knicks last year, and the Los Angeles Lakers in 2024.
Nori, 52, was the lead assistant under Timberwolves head coach Chris Finch while the club made the playoffs each season, won five series, and reached the Western Conference finals in 2023 and 2024. Nori, who began his NBA career in 1998 as a scout with the Toronto Raptors, has also been an assistant for the Raptors, the Sacramento Kings, the Denver Nuggets, and the Detroit Pistons. His son, Dante, is a minor league baseball player in the Philadelphia Phillies organization.
Splitter, who was hired last week as head coach of the Chicago Bulls, was promoted from assistant to interim coach when then-head coach Chauncey Billups was arrested in October in a federal takedown of a sprawling gambling operation. Billups has pleaded not guilty to charges of wire fraud and money laundering.
The Blazers went 42-40 with a five-game loss to NBA finalist San Antonio in the first round of the playoffs, the first postseason appearance and first time they finished with a winning record in five years.
The news comes a day after the Wolves reportedly traded three-time All-Star Julius Randle to the Brooklyn Nets in a three-team trade that sends Nic Claxton to the Chicago Bulls.
The Minnesota Timberwolves are reportedly trading three-time All-Star Julius Randle to the Brooklyn Nets in a three-team trade that sends Nic Claxton to the Chicago Bulls.
Minnesota is sending the 28th pick to the Nets and will be receiving the No. 33 pick that will be made in the second round on Wednesday night, according to a person who spoke to the Associated Press on condition of anonymity because the deal has not received the required approvals from the league office.
For Minnesota, the trade opens up a slew of financial possibilities. It creates a $33 million trade exception, plus gives the Timberwolves room they can use to re-sign Ayo Dosunmu and target more players in free agency.
Randle, a three-time All-Star, will be moving to his fifth team after stints with New York, the Los Angeles Lakers, New Orleans and the Timberwolves. He averaged 21.1 points this past season, though shot just 39% from the field and 24% from 3-point range in Minnesota’s 12 playoff contests.
Claxton just finished his seventh NBA season, all with Brooklyn. He averaged 11.7 points this past season.
The 2026 NBA Draft begins Tuesday night.
At Senator Westrom’s St. Paul office, visitors are greeted by the classic Minnesota state flag, which the DFL leaders should not have taken away from Minnesotans.
However, local communities have the authority to keep flying it, like many have done, and Senator Westrom encourages communities interested in keeping it to do so.
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