Employed Persons in Minnesota
LASST270000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,051,986.00
Year-over-Year Change
0.67%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Employed Persons in Minnesota' metric tracks the number of people employed in the state of Minnesota. This key economic indicator provides insights into the health and growth of the state's labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the total number of persons employed in the state of Minnesota, including both private and public sector jobs. It is a widely-used barometer of economic activity and a vital data point for policymakers, economists, and businesses monitoring regional labor trends.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Employed persons figures are used to assess the strength of the Minnesota economy and inform policy decisions at the state level.
Key Facts
- Minnesota has a labor force of over 3 million people.
- The state's unemployment rate is consistently below the national average.
- Service industries account for the largest share of employment in Minnesota.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed in the state of Minnesota, across all industries and sectors.
Q: Why is this trend relevant for users or analysts?
A: Employed persons data provides a vital indicator of economic health and labor market conditions in Minnesota, informing policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Employed persons figures are used by policymakers, economists, and businesses to assess the strength of the Minnesota economy and inform decisions at the state and regional level.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
Related Trends
Gross Domestic Product: Transportation and Utilities (22, 48-49) in Minnesota
MNTRANSUTILNGSP
Real Gross Domestic Product: Educational Services, Health Care, and Social Assistance (61, 62) in Minnesota
MNEDHLTHSOCASSRGSP
Real Gross Domestic Product: Electrical Equipment, Appliance, and Component Manufacturing (335) in Minnesota
MNELCEQAPMANRGSP
All Employees: Professional and Business Services: Employment Services in Minnesota
SMU27000006056130001
Median Household Income in Minnesota
MEHOINUSMNA646N
Job Losers and Persons Who Completed Temporary Jobs, as a Percent of the Civilian Labor Force for Minnesota
U2UNEM2MN
Citation
U.S. Federal Reserve, Employed Persons in Minnesota (LASST270000000000005), retrieved from FRED.