1. Employment in the Twin Cities Region 2000-2006
Regional jobs at new 2Q high
Core of region slower to recover

3. Highlights Region’s employment level regained losses by 2005
Post-recession growth slightly lags U.S. average. Region up 2.1% from previous peak.
Region ranks mid-range among 25 largest metros)

5. Regional net growth 2000-06: 12,500 jobs
Top gains:
Maple Grove +10,300
Eagan +6,900
Richfield +5,100
Top losses:
Bloomington –16,000
Minneapolis –11,900
MSP Airport –9,400
St. Paul –6,900

7. Jobs becoming less concentrated.
19 cities with 20,000+ jobs made up 70% of region’s total in 2006
In 1990, same cities comprised 76%
Larger gains in developing suburbs, while recovery lags in region’s core.

9. Implications for the future
Most employment in areas served by transportation network and sewer availability
Job concentrations persist over time. Still…
Land costs rise, employment tends to intensify (more per acre), but also tends to move out to lower cost worksites
Employers with greatest space needs move
Land supply and land use mix
More redevelopment as housing may force out jobs
Land use data informs forecasting but job density varies

10. Demographic-Based Forecast Method
2030 resident labor force
Less unemployed
Plus multiple job holders
Plus net in-commuting
= 2030 regional employment

11. Employment in the Twin Cities Region 2000-2006
Todd Graham, Research