Rochester, Minnesota Unemployment
The BLS reported that the unemployment rate for Rochester fell 0.1 percentage points in November 2023 to 2.5%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the Minnesota rate. The unemployment rate in Rochester peaked in May 2020 at 10.9% and is now 8.4 percentage points lower. From a post peak low of 2.1% in April 2022, the unemployment rate has now grown by 0.4 percentage points. You can also compare Rochester unemployment with unemployment in other cities.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Minnesota | 3.1% | -0.1 | +0.1 |
| Rochester | 2.5% | -0.1 | +0.1 |
Unemployment Rate: Rochester, Minnesota, National
Note: Recessions shown in gray.
Rochester, Minnesota Unemployed
The number of people unemployed in Rochester peaked in May 2020 at 14,068. There are now 10,842 fewer people unemployed in the metropolitan area. From a recent trough of 2,671 in April 2022, the number of unemployed has now grown by 555.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Rochester | 3,226 | -189 | +123 |
Number of Unemployed Persons
Rochester, Minnesota Unemployment History
| Date | National Unemployment Rate |
Minnesota Unemployment Rate |
Rochester Unemployment Rate |
Rochester Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 3.1% | 2.5% | 3,226 |
| October 2023 |
3.8% | 3.2% | 2.6% | 3,415 |
| September 2023 |
3.8% | 3.1% | 2.6% | 3,387 |
| August 2023 |
3.8% | 3.1% | 2.6% | 3,390 |
| July 2023 |
3.5% | 3.0% | 2.6% | 3,317 |
| June 2023 |
3.6% | 2.9% | 2.5% | 3,224 |
| May 2023 |
3.7% | 2.9% | 2.5% | 3,148 |
| April 2023 |
3.4% | 2.8% | 2.4% | 3,044 |
| March 2023 |
3.5% | 2.8% | 2.3% | 2,996 |
| February 2023 |
3.6% | 3.0% | 2.4% | 3,064 |
| January 2023 |
3.4% | 2.9% | 2.4% | 3,044 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
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