What are the forces moving the Minnesota economy? Adam Belz tries to identify the trends and show the connections between Minnesota and the larger U.S. and global economies. You can connect with him on Twitter: @adambelz

Minneapolis-St. Paul unemployment rate is lowest in nation for large metro areas

Posted by: Adam Belz under Business trends, Economics Updated: July 1, 2014 - 10:41 AM

Minneapolis-St. Paul has the lowest unemployment rate of any large metropolitan area in the United States, according to the data released today.

The Twin Cities unemployment rate of 4.0 percent came in just a bit lower than Austin, Texas, at 4.1 percent, and Columbus, Ohio, at 4.4 percent. The Minneapolis, St. Paul and Bloomington metro area has twice the population of each of the other two metro areas.

Rounding out the top five are Oklahoma City, with an unemployment rate of 4.4 percent, and Boston, with an unemployment rate of 4.7 percent.

Here are the top 20 from the Bureau of Labor Statistics. The figures are by place of residence, and are up-to-date as of May.

 

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