All Employees: Total Nonfarm in Minnesota
MNNA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,054.90
Year-over-Year Change
1.45%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Total Nonfarm in Minnesota' metric tracks monthly employment levels in Minnesota's private and public sectors, excluding agricultural workers. This broad measure is a key indicator of the state's overall economic health and labor market conditions.
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
The 'All Employees: Total Nonfarm' series provides a comprehensive view of employment in Minnesota, capturing jobs across industries like manufacturing, retail, healthcare, and more. Economists and policymakers closely monitor this trend to assess the strength of the state's economy and labor market.
Methodology
The data is collected through surveys of Minnesota businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is widely used to inform economic and policy decisions at the state and federal levels.
Key Facts
- Minnesota's nonfarm employment reached a record high of over 2.9 million in 2022.
- The state's unemployment rate has remained below the national average in recent years.
- The healthcare and professional services sectors are among the largest employers in Minnesota.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Total Nonfarm in Minnesota' metric tracks monthly employment levels across Minnesota's private and public sectors, excluding agricultural workers.
Q: Why is this trend relevant for users or analysts?
A: This broad employment measure is a key indicator of Minnesota's economic health and labor market conditions, providing valuable insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Minnesota businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment metric is widely used to inform economic and policy decisions at the state and federal levels, as it reflects the overall strength of Minnesota's labor market and economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, All Employees: Total Nonfarm in Minnesota (MNNA), retrieved from FRED.