Business & Tech
Unemployment Rate Drops in Northfield
Northfield has one of the lowest unemployment rates in the state.
Northfield has one of the lowest unemployment rates in the state of Minnesota.
According to numbers released by the Minnesota Department of Employment and Economic Development, Northfield’s unemployment rate has dropped from 3.4 percent to 3.0 percent in the span of one month.
Out of a labor force of 12,071 people, 11,713 residents are currently employed.
Find out what's happening in Northfieldfor free with the latest updates from Patch.
The unemployment rate in nearby Faribault is 4.7 percent.
The overall Minnesota unemployment rate rose 0.1 percent in July to a seasonally adjusted 3.9 percent.
Find out what's happening in Northfieldfor free with the latest updates from Patch.
The U.S. unemployment rate was 4.9 percent in July.
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