Minnesota Unemployment Rate Tops National Average for First Time Since 2007

The Federal Reserve Bank of Minneapolis reported that Minnesota's unemployment rate has surpassed the national rate for the first time since 2007. This marks a significant shift in economic trends, as previously, Minnesota had maintained lower unemployment rates compared to the nation.

The data shows that this change occurred recently, specifically in September 2026. The Federal Reserve Bank of Minneapolis is responsible for tracking and publishing such economic indicators.