Twin Cities jobless rate -- at 4% -- is the lowest in U.S.

[question everything]

Source: StarTribune

The Twin Cities boasts the best unemployment rate of any large metropolitan area in the United States as a wave of recent hiring boost the local economy.

Job growth across a mix of industries in the Minneapolis-St. Paul area lowered the jobless rate to 4.0 percent in May, edging out Austin, Texas, and Columbus, Ohio, for the nation’s lowest rate, the U.S. Department of Labor reported Tuesday.

(snip)

“Number one, the health care economy never slacked off during the recession and then has continued to boom,” said Louis Johnston, an economist at the College of St. Benedict and St. John’s University. “We have a big footprint in health care, both with medical devices and indirectly with UnitedHealth.”

(snip)

Rounding out the five major metro areas with the lowest unemployment rates are Austin with a 4.1 percent rate; Columbus and Oklahoma City tied at 4.4 percent, and Boston with an unemployment rate of 4.7 percent.




Read more: http://www.startribune.com/business/265471401.html

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Notice something interesting? Minneapolis St. Paul and, I think, Boston, are considered high tax cities. So much for "lower taxes create jobs" nonsense.

[Peacetrain]

1. Loving this!!!

thank you for the update

[frazzled]

2. But you have to eat lutefisk to be hired

Just kidding. Uff da! Congratulations on the low unemployment rate. I miss the Twin Cities (lived there for 15 years.)

[closeupready]

3. Yeah, but you gotta live there to take advantage of it.

[BainsBane]

8. it's a fantastic place to live

You just have to be hardy.

[closeupready]

9. Oh, I'm sure it is just fine for the, as you say, hardy types.

I grew up south of there, but in the upper midwest still, and no way am I going back to those winters - snowballs have a better chance of surviving hell, lol.

[question everything]

14. Last several years, certainly this winter, the East Coast

and the Northeast were getting more snow than the Twin Cities. I think that Chicago got more.

At least Minnesota does not have all those tornadoes that hit Kansas and Indiana and even the south; does not have hurricanes and not earthquakes. I've lived in all of these areas.

The main problem are mosquitoes and, this summer, we are warned about black flies ugh...

[alcibiades_mystery]

4. The whole state's unemployment rate is low

In the 4-5% range all year, which is close to full employment.

[question everything]

6. And, again, the whole state is considered high tax

When Wisconsin trashed their public employees unions and lowered taxes on business it was trying to gloat that it would do better than Minnesota...

[alcibiades_mystery]

12. Correct

[kickysnana]

5. Under the DFL, MN is the state that works! n/t

[IronLionZion]

7. Sweet! I should move back

ah, I miss the twin cities so much. Fun stuff to do, fun people, lots of good jobs, and I love the cold! (seriously)

Good for Minnesota! Uff Da!

Of course GOP can never explain the thriving economies of the most liberal places in America. They will obsessively talk about rust belt cities like Detroit non-stop as if the twin cities, silicon valley, seattle, boston, and other liberal strongholds just didn't exist.

[KamaAina]

10. Oh, defintely Boston

It's the capital of "Taxachusetts", after all.

[Wellstone ruled]

11. So the GOP(Taylor owned)Star and Trib

did really run a pro DFL story. Damn,the sky is falling. Might be the last positive DFL thread out of that crowd.

DFL=Democratic-Farmer-Labor Party was a member for 43 years. We never gave up the fight. Hated to leave,but,the arthritis got the best of us and had to go to a dry climate or eat pain killers and that isn't a great alternative.

You get what you pay for and the standard of living in Minny is the best.

[question everything]

15. Taylor said he would not interefere with the news

and this was a news item, though on line one had to look for it.

Whether there will be an editorial about that is a different story.

[bullwinkle428]

13. Twin Cities really IS a great place to live - I get to visit several times a year,

as my brother and his family live there. The infrastructure is fantastic, and you can really see all of the benefits that the taxes produce all over the area (parks, public transportation, roads, etc.).

[dflprincess]

16. I'm glad you like it

but our public transportation sucks. And the infrastructure - like everywhere else in the U.S. - is in dire need of repair.

But you're right about the parks.

[dflprincess]

17. My group at work has had an opening for over a month

and we're not getting any resumes to speak of.

If anyone here knows SQL well (preferably PL/SQL but that's not mandatory) and Crystal reports, PM me.

[Yavin4]

18. The North Dakota Oil Boom Spills over into MN

http://www.twincities.com/ci_23192483/minneapolis-fed-sees-wage-growth-rippling-from-north