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Total compensation costs for private industry workers increased 3.8 percent in the Minneapolis-St. Paul, MN-WI Combined Statistical Area (CSA) for the year ended March 2024.
Prices in the Minneapolis-St. Paul-Bloomington area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.6 percent for the two months ending in March 2024.
Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.7 percent in March.
Data Series | Back Data |
Oct 2023 |
Nov 2023 |
Dec 2023 |
Jan 2024 |
Feb 2024 |
Mar 2024 |
---|---|---|---|---|---|---|---|
Civilian Labor Force(1) |
(r)3,096.8 | (r)3,095.2 | (r)3,095.4 | 3,093.6 | 3,094.7 | (p)3,097.7 | |
Employment(1) |
(r)3,011.1 | (r)3,010.4 | (r)3,010.7 | 3,010.7 | 3,010.5 | (p)3,013.5 | |
Unemployment(1) |
(r)85.8 | (r)84.8 | (r)84.8 | 82.9 | 84.2 | (p)84.2 | |
Unemployment Rate(2) |
(r)2.8 | (r)2.7 | (r)2.7 | 2.7 | 2.7 | (p)2.7 | |
Total Nonfarm(3) |
2,997.2 | 3,000.4 | 3,000.2 | 3,008.1 | 3,011.1 | (p)3,022.1 | |
12-month % change |
1.6 | 1.6 | 1.6 | 1.4 | 1.4 | (p)1.5 | |
Mining and Logging(3) |
6.6 | 6.6 | 6.9 | 6.9 | 6.8 | (p)6.8 | |
12-month % change |
3.1 | 3.1 | 9.5 | 11.3 | 13.3 | (p)11.5 | |
Construction(3) |
134.0 | 133.8 | 133.9 | 133.1 | 131.3 | (p)134.0 | |
12-month % change |
-0.6 | -0.6 | 1.7 | -1.7 | -2.7 | (p)-0.1 | |
Manufacturing(3) |
323.3 | 324.6 | 324.2 | 324.2 | 324.8 | (p)324.3 | |
12-month % change |
-0.5 | -0.3 | -0.8 | -0.9 | -0.6 | (p)-0.8 | |
Trade, Transportation, and Utilities(3) |
533.5 | 536.2 | 536.2 | 537.1 | 536.7 | (p)536.5 | |
12-month % change |
1.1 | 1.7 | 1.6 | 1.5 | 1.2 | (p)0.9 | |
Information(3) |
43.5 | 43.3 | 43.1 | 43.2 | 43.4 | (p)42.7 | |
12-month % change |
-4.6 | -4.8 | -4.9 | -4.6 | -4.0 | (p)-5.3 | |
Financial Activities(3) |
187.5 | 186.5 | 187.2 | 186.8 | 186.1 | (p)185.2 | |
12-month % change |
-1.9 | -2.2 | -1.8 | -2.2 | -2.5 | (p)-3.0 | |
Professional & Business Services(3) |
381.8 | 380.7 | 378.9 | 380.0 | 380.0 | (p)379.3 | |
12-month % change |
-2.0 | -2.0 | -2.2 | -2.5 | -2.3 | (p)-3.0 | |
Education & Health Services(3) |
574.2 | 576.6 | 576.7 | 578.9 | 580.8 | (p)583.6 | |
12-month % change |
4.6 | 4.8 | 4.6 | 4.5 | 4.4 | (p)4.5 | |
Leisure & Hospitality(3) |
271.5 | 270.1 | 269.2 | 269.8 | 269.7 | (p)274.7 | |
12-month % change |
4.5 | 3.2 | 2.4 | 2.4 | 2.1 | (p)3.5 | |
Other Services(3) |
115.4 | 115.5 | 115.5 | 115.5 | 116.5 | (p)117.0 | |
12-month % change |
4.8 | 4.3 | 4.0 | 3.4 | 3.6 | (p)3.7 | |
Government(3) |
425.9 | 426.5 | 428.4 | 432.6 | 435.0 | (p)438.0 | |
12-month % change |
3.7 | 3.4 | 3.7 | 4.7 | 5.0 | (p)5.7 | |
Footnotes |