July 21, 2022 There's a bright spot in the economy today in new unemployment data from the state. For starters, a tight labor market is putting Minnesota job seekers in the driver’s seat and leading to wage increases in the highest-demand areas. And the state’s jobless rate fell again in June. Average wages are now $34.21 an hour in Minnesota. That’s up more than five percent year over year but still lags rising cost pressures due to inflation. Subscribe to our Minnesota Today podcast to get up-to-date news twice daily. |