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The unemployment insurance division provides a temporary partial wage replacement to Minnesota workers who become unemployed through no fault of their own. It is an economic stabilizer and stimulator during economic downturns and helps maintain an available skilled workforce.
Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 219,000 for the week ended Sept. 14, the lowest level since the middle of May, the Labor Department said on ...
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [4] and Puerto Rico [5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...
Economy of Minnesota. The economy of Minnesota produced US$472 billion of gross domestic product in 2023. [8] Minnesota headquartered 15 Fortune 500 companies in 2023, the largest of which were UnitedHealth Group (5th) and Target (33rd). [9] The per capita personal income in 2022 was $60,785, ranking ninth in the nation. [10]
By 2018, unemployment for black people in Minnesota had reached a historic low of 6.9 percent, but it was still three times higher than the rate for white people. [51] Though black residents made up just 6 percent of Minnesota's population, they were nearly 37 percent of the state's prison population in 2016. [52]
U.S. states by net employment rate (% of population 16 and over) 2022 [1]; National rank State Employment rate in % (total population) Annual change (%)
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Minneapolis is the largest city in the U.S. state of Minnesota and the county seat of Hennepin County. As of the 2020 United States Census, the city's population was estimated to be 429,606. The racial composition of the city is predominantly non-Hispanic White, making up approximately 58.1% of the population, followed by African Americans at ...