We're not doing so well here.
Minnesota's unemployment rate for February was 4.6 percent, up one-tenth of a point from January. The labor force participation rate slipped two-tenths to 72.4 percent and the employment-to-population ratio dropped three-tenths to 69.1 percent. These are the lowest both measures have been in Minnesota since 1989.
From the Minnesota Department of Employment
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4 comments:
But still, if my college profs were correct, not bad at all.
Do you know anything about those three numbers (unemployment rate and the two ratios) and whether any is more meaningful that the others?
Which numbers?
1) unemployment rate; 2) labor force participation rate; and 3) employment-to-population ratio
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