By the numbers: GDP vs. jobs

  • Updated: September 1, 2012 - 9:58 PM

BY THE NUMBERS

A look at the growth of gross domestic product (GDP) vs. jobs in Minnesota and the United States.

U.S. GDP (2007): $13.9 trillion

U.S. GDP (2011): $15 trillion

Difference: +$1.1 trillion

U.S. employed workers (November 2007): 146.6 million

U.S. employed workers (July 2012): 142.2 million

Difference: -4.4 million

Minnesota GDP (2007): $238.5 billion

Minnesota GDP (2011): 244.9 billion

Difference: +$6.4 billion

Minnesota employed workers (February 2008): 2,780,200

Minnesota employed workers (July 2011): 2,710,300

Difference: -69,900

Sources: World Bank, U.S. Bureau of Labor Statistics, DEED
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