A recent uptick in Minnesota’s unemployment rate is raising the possibility that the state’s robust labor market may be faltering, and local business leaders are stumped about what comes next. The state’s unemployment rate was 3.3% in August, a half percentage point higher than a year earlier. While employers in the state are still struggling to find employees amid a period of low unemployment both in Minnesota and across the country, many are trying to decipher the health of the economy and how it will affect their businesses.

Source: Wall Street Journal October 08, 2019 13:16 UTC