Business & Tech

Unemployment Rate Falls Slightly in Richfield

Richfield continues to have one of the lowest unemployment rates in the state of Minnesota.

Richfield 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, Richfield's unemployment rate has dropped from 3.5 percent to 3.3 percent in the span of one month.

Out of a labor force of 20,529 people, 19,845 residents are currently employed.

Find out what's happening in Richfieldfor free with the latest updates from Patch.

Nearby Bloomington has a slightly higher unemployment rate of 3.5 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 Richfieldfor free with the latest updates from Patch.

The U.S. unemployment rate was 4.9 percent in July.

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