State and National Unemployment Rates for October
In October to 3.9 percent on a seasonally adjusted basis. This rate was last matched in May through June 2006, the unemployment rate’s low point during the 2002 to 2007 expansion.
For the second month in a row, the declining unemployment rate, and fewer unemployed individuals, came about as the labor force increased, although only by enough to maintain the labor force participation rate at 69.9 percent. Over the past year, the participation rate has dropped two-tenths of a percentage point as the labor force level has increased by just over 18,000 or 0.6 percent. Even this small increase is unlikely to be sustained in the coming years as the workforce continues to age.
The national unemployment rate fell one-tenth of a percentage point in October to 5.8 percent, its lowest since July 2008.
10 Hottest IT Skills for 2015 (CIO)
Programmers and project managers rejoice: Your skills are bankable assets. Moreover, the kinds of technical skills in high demand are those needed for enterprises in expansion mode, suggesting that organizations are continuing to invest in their IT infrastructures.
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|Call Delivery Analyst - Avaya and Cisco ICM||UnitedHealth Group||Plymouth, MN|
|Sybase Applications Support||UnitedHealth Group||Minnetonka, MN|
|Database Administrator||Sport Ngin||Minneapolis, MN|
|Application Developer –VB.Net||Maximum Solutions, Inc.||Edina, MN|
|ITS III - Information Systems Business Analyst||Minnesota Judicial Branch||St. Paul, MN|
|Software Support Representative||Augusoft, Inc||Minneapolis, MN|
|Sr. Embedded Software Engineer||Starkey Hearing Technologies||Eden Prairie, MN|
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|IT Desktop Administrator||Actuant Corporation||Red Wing, MN|
|IT Support Specialist||Gurstel Chargo PA||Golden Valley, MN|