A new report issued by the Department of Employment and Economic Development (DEED) showed that Minnesota employers added 6,200 jobs to the state economy in February, marking three consecutive months of job growth in Minnesota. This is an important milestone in Minnesota’s economic recovery. The state has already regained half the jobs it lost during the recession.
Education and Health Services was the leading sector in job creation, adding 5,100 jobs last month. Other areas posting strong job growth include the Government and Leisure and Hospitality sectors. "The labor market recovery appears to be gaining steam, with three consecutive months of strong job growth," said DEED Commissioner Mark Phillips. "The state has now recovered 81,400 jobs since the recession."
Despite the strong job growth last month, there is still more work to be done creating jobs in Minnesota. The Republican led legislature has been in session for 57 days, and still hasn’t moved on Governor Dayton’s job proposals. These plans include his Bonding Proposal, which would create 21,000 jobs, his “Jobs Now” Tax Credit Proposal, which would create 10,000 new jobs, and the People’s Stadium Bill, which would create 13,000 new jobs. If the Legislature passed these bills they would create a combined 40,000 jobs in Minnesota, the state would be on track to recover 75% of the jobs lost during the recession.
The report released today by DEED is good news for Minnesota. It’s more evidence our state’s economy is finally improving, and that Minnesotans are returning to work. There’s still more work to be done though, and Governor Dayton’s job proposals are the best way to get 40,000 more Minnesotans back to work this year.