7% but things are rebounding
Olmsted County Job Recovery
Sw 5?
"*10 mph it may be happening slowly but it appears the job market in rochester is beginning to recover from the economic shutdown caused by covid?
"*19.
Olmsted county's unemployment rate, though, remains higher than normal.
Kimt new three's jessica bringe joins us live in rochester with the latest unemployment numbers.
Jessica.
George and amy?
"* according to minnesota's department of employment and economic development olmsted county's july jobless rate was at seven?
"*percent which... while significantly higher than it was pre?
"* pandemic..
Is still down more than a point and half from june..
Deed also estimates the rochester area has lost about 10?
"* thousand jobs compared to july of last year.
That's about 3?
"* thousad jobs in leisure and hosptiality and 5?
"*thousand in education and healthcare services.
There is good news though as regional analaysis and outreach manager cameron macht tells me there are signs jobs are rebounding in a lot of those areas..
In more good news those filing for unemployment benefits dropped from 12,100 filing in early may..down to 5,400 filing continuing claims in <it's less than half of where we were at during the peak which is a pretty good sign and the overall trend in continuing claims is dropping.
This past month we've seen them drop faster than we did in june or july.> deed also says there are well over 500 jobs posted in olmsted.
Many of those are in the healthcare field.
Live in rochester jessica bringe thank you jessica.
The 7?
"*percent rate for olmsted county has remained the highest rate reported in southeastern minnesota for three months.