minneapolis unemployment rates decline

MINNEAPOLIS, (January 11, 2011) –According to the latest Employment Situation Report released yesterday by the U.S. Bureau of Labor Statistics, year-end unemployment rates showed some improvement, dropping to 9.4 percent in December from 9.8 percent in November, to become the lowest unemployment rate since July 2009. Credited in part to a decrease in the number of civilians looking to enter the labor force, the improved unemployment rate demonstrates continued growth in the leisure and hospitality and health care industries, reporting more than 47,000 new jobs in leisure and hospitality-related fields and more than 36,000 new jobs in health care-related fields.

“While the job market is increasingly more difficult to enter without a college degree, last month’s positive growth in industries such as leisure and hospitality and health care will provide many qualified graduates the chance to enter and advance in these fields,” National Director of Career Development for Rasmussen College Tamryn Hennessy said. “ We are heartened that the group seeing the strongest improvements in employment are college degree holders. People with an Associate’s degree sawn an improvement from 8.7% to 8.1% in unemployment and Bachelor’s degree holders rates dropped from 5.1% to 4.8%.”

Rasmussen College has a variety of Bachelor’s and Associate’s degree programs tailored to steadily growing industries, including courses in business management, nursing, medial lab assisting, and more. In addition, its dedicated team of career service professionals continually researches fields seeing the most growth to ensure students have access to degrees that reflect the ever-changing economy. Established industry professionals are tapped to lead programs in high demand or emerging industries, and career placement services are offered to maximize a graduate’s potential.

Rasmussen College students enrolled in its Business Management Associate’s Degree program will be well-poised for careers in the hospitality field, as the number of new hotel and restaurant venues increases. Likewise, students enrolled in the Rasmussen College School of Allied Health will be able to take advantage of the health care industry’s surge of careers in ambulatory services, hospitals, and nursing and residential care fields.

For more information about degree programs offered through Rasmussen College, visit www.Rasmussen.edu.


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ABOUT RASMUSSEN COLLEGE:
Rasmussen College is a regionally accredited private college and Public Benefit Corporation that is dedicated to changing lives through high-demand educational programs and public service. Rasmussen College offers Certificate and Diploma programs through Associate's and Bachelor's degrees online and across its 24 Midwest and Florida campuses in a supportive, student-centered and career-focused environment. Since 1900, Rasmussen College has been dedicated to being a primary contributor to the growth and development of the communities it serves. As a Benefit Corporation, Rasmussen College is committed to helping change lives through education and making a positive impact on society through public service and a variety of community-based initiatives. For more information about Rasmussen College, please visit www.Rasmussen.edu.

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