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Trends in Minnesota’s Workplace

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1 Trends in Minnesota’s Workplace
Tim O’Neill | Regional Labor Market Analyst Labor Market Information Office –

2 Labor market information office
Each state produces employment and economic statistics in cooperation with U.S. Department of Labor’s Bureau of Labor Statistics LMI includes employment statistics, unemployment rates, wages and salaries, job projections and more LMI is the foundation for informed, market- responsive planning

3

4 How is the job market doing?

5 U.S. and Minnesota labor market situations
Recent employment trends Longer-term trends Unemployment situation Labor force participation rates Wage growth

6 Minnesota’s tight labor market mn.gov/deed/jvs

7 Complexities in the labor market
Barriers to employment and hiring Hiring difficulties due to mismatches between job requirements and the training, skills, education, or experience of applicants Hiring difficulties caused by factors unrelated to qualifications of the candidate pool, such as unattractive wages, work hours, or geographic location Jobs and poverty in America: Americans holding multiple jobs: Long commutes in the metro: Demand for child care options: parents/ /

8 Minnesota job vacancies by industry mn.gov/deed/jvs

9 Minnesota job vacancies by education & experience mn.gov/deed/jvs

10 Minnesota job vacancies by occupation mn.gov/deed/jvs
Combined food prep and serving workers Nursing assistants Retail salespersons Heavy and tractor-trailer truck drivers Personal care aides Maids and housekeeping cleaners Supervisors of retail sales workers Farmworkers and laborers Cashiers Licensed practical and licensed vocational nurses Cooks, restaurant Stock clerks and order fillers Waiters and waitresses Teacher assistants Janitors and cleaners Counter attendants, cafeteria and food concession Supervisors of food prep and serving workers Recreation workers Registered nurses Bus drivers, school or special client Occupational groups with the largest number of vacancies in the state include: food prep and serving, sales and related, personal care and service, office and administrative support, and healthcare practitioners Top-20 occupations (above) account for 44% of the state’s total job vacancies

11 High demand & high wage mn.gov/deed/oid
High School Diploma or less Postsecondary Award or Associate’s Degree Bachelor’s Degree or higher Plumbers ($69,888) Registered Nurses ($78,354) Financial Managers ($120,931) Supervisors of Construction Trades Workers ($72,634) Dental Assistants ($48,734) Sales Managers ($121,701) Insurance Sales Agents ($62,941) Web Developers ($73,549) Software Developers, Applications ($90,834) Electricians ($71,136) Radiologic Technicians ($64,709) Computer Systems Analysts ($88,858) Sales Representatives, Wholesale and Mfg. ($64,646) Industrial Engineering Technicians ($51,397) Accountants & Auditors ($65,707) Carpenters ($49,442) Computer Network Support Specialists ($58,510) Nurse Practitioners ($112,778)

12 Minnesota employment outlook 2016 – 2026: mn.gov/deed/eo

13 Minnesota employment outlook 2016 – 2026: mn.gov/deed/eo
Total employment in Minnesota is projected to increase by 5.8% between 2016 and 2026 – equivalent to approximately 181,600 net new jobs.

14 Minnesota employment outlook 2016 – 2026 total change: mn.gov/deed/eo
Personal care aides (33.5% growth rate) Medical assistants (25.3%) Combined food prep and serving workers (11.9%) Heavy and tractor-trailer truck drivers (6.4%) Home health aides (30.6%) Childcare workers (8.5%) Registered nurses (11.0%) Teacher assistants (6.7%) Janitors and cleaners (8.1%) LPNs (12.2%) Software developers, applications (23.7%) Laborers and freight, stock, and material movers (5.5%) General and operations managers (7.3%) Business operations specialists (7.8%) Market research analysts (20.0%) Sales representatives, wholesale and manufacturing (5.7%) Accountants and auditors (9.3%) Nursing assistants (5.7%) Financial managers (16.7%) Cooks, restaurant (7.1%) Fastest-growing occupations (projected) include: Wind turbine service technicians (100.3%) Statisticians (39.0%) Personal care aides (33.5%) Physician assistants (30.9%) Home health aides (30.6%) Nurse practitioners (27.8%) Phlebotomists (26.1%) MRI technologists (26.1%) Medical assistants (25.3%) Software developers, applications (23.7%)

15 Industry Trends in Minnesota

16 Minnesota industry trends Quarterly Census of Employment and Wages 2000 – 2017

17 Minnesota’s largest-growing industries QCEW 2012 – 2017
Industry Title 2017 Jobs Job Growth Percent Professional, Scientific, & Technical Services 160,011 28,625 21.8% Ambulatory Health Care Services 152,364 21,183 16.1% Social Assistance 96,766 19,328 25.0% Specialty Trade Contractors 77,332 17,466 29.2% Food Services & Drinking Places 196,833 16,256 9.0% Educational Services 228,707 12,613 5.8% Credit Intermediation & Related Activities 63,250 9,639 18.0% Public Administration 132,003 9,630 7.9% Hospitals 126,863 7,642 6.4% Food & Beverage Stores 56,521 6,151 12.2% Largest-employing include Educational Services; Food Services & Drinking Places; Prof., Sci., & Technical Services; Ambulatory Health Care Services; Public Administration; Administrative & Support Services; Hospitals; Nursing & Residential Care Facilities; Social Assistance; Management of Companies; Specialty Trade Contractors; and Merchant Wholesalers, Durable Goods Total of all industries expanded by 208,378 jobs (7.9%), and now stands at 2,853,313 total jobs (annual 2017) 2/17/2019 Optional Tagline Goes Here | mn.gov/websiteurl

18 Metro Area’s distinguishing industries Sorted by Location Quotient
Industry Title Number of Jobs Share of MN Jobs LQ Air Transportation 14,002 94.4% 1.6 Management of Companies 71,555 89.4% 1.5 Securities, Commodity Contracts, & Related Activities 16,771 85.9% 1.4 Computer & Electronic Product Manufacturing 35,756 79.3% 1.3 Professional, Scientific, & Technical Services 124,798 78.0% Insurance Carriers & Related Activities 44,315 76.4% Miscellaneous Manufacturing 18,599 75.2% 1.2 Real Estate 20,634 75.0% Administrative & Support Services 92,599 72.1% Personal & Laundry Services 21,147 72.0% Metro Area had 1,732,448 total jobs (60.7% of the state’s total employment) Largest-employing industries include Educational Services; Prof., Sci., & Technical Services; Food Services & Drinking Places; Administrative & Support Services; Ambulatory Health Care Services; Management of Companies; Public Administration; Hospitals; Social Assistance; and Nursing & Residential Care Facilities

19 Northeast MN’s distinguishing industries Sorted by Location Quotient
Industry Title Number of Jobs Share of MN Jobs LQ Mining (except Oil and Gas) 3,933 70.3% 14.0 Paper Manufacturing 1,953 21.0% 4.2 Utilities 1,629 11.8% 2.3 Accommodation 3,869 11.1% 2.2 Hospitals 13,419 10.6% 2.1 Nursing & Residential Care Facilities 10,745 9.6% 1.9 Gasoline Stations 2,187 8.6% 1.7 Amusement, Gambling, & Recreation Industries 3,098 8.5% Public Administration 11,015 8.3% Religious, Grant-making, Civic, & Professional Orgs. 2,451 7.1% 1.4 Northeast MN had 142,984 total jobs (5.0% of the state’s total employment) Largest-employing industries included Hospitals; Educational Services; Food Services & Drinking Places; Public Administration; Nursing & Residential Care Facilities; Ambulatory Health Care Facilities; Social Assistance; Prof., Sci., & Technical Services; Mining (except Oil & Gas); Accommodation

20 Population Trends in Minnesota

21 Age trends in Minnesota 2007 – 2017 American Community Survey 1-year Estimates
Total population grew by 7.3% between 2007 and 2017 (378,985 people)

22 Quarterly Employment Demographics (QED) 2006 – 2016 Percentage Change in Workforce by Age Group

23 Quarterly Employment Demographics (QED) Minnesota 2006 Annual Data

24 Quarterly Employment Demographics (QED) Minnesota 2016 Annual Data

25 Demographic trends in Minnesota 2007 – 2017 American Community Survey 1-year Estimates
2007: minority percentage of total population at 14.4% 2017: 20.1% Populations of color grew by 24.6% in the US between 2007 and White alone, not Hispanic or Latino population decreased by 0.6%. Populations of color make up 39.4% of the total US population. Native-born ( ): +237,743 (4.9%) Foreign-born: +141,242 (40.9%) 345,001 foreign born persons in 2007 (18.7% reported as black or African American) 486,243 foreign born persons in 2017 (27.6% reported as black or African American)

26 2017 Minnesota labor force statistics
Population In Labor Force 2007 – 2017 Labor Force Growth Labor Force Participation Rate Unemployment Rate Total Population 16+ 3,073,870 +165,197 (+5.7%) 69.5% 3.6% White alone 2,605,255 -11,028 (-0.4%) 69.2% 3.1% Black or African American alone 179,530 +75,283 (+72.2%) 72.6% 8.3% American Indian and Alaska Native alone 24,595 +1,655 (+7.2%) 56.9% 14.5% Asian alone 145,166 +51,861 (+55.6%) 69.8% 4.2% Some other race alone 57,769 +22,043 (+61.7%) 76.1% 4.4% Two or more races 61,132 +27,348 (+80.9%) 74.7% 6.4% Hispanic or Latino origin (of any race) 149,129 +47,245 (+46.4%) 76.6% 5.4%

27 Resources available at DEED

28 MN DEED labor market tools
Occupational Employment Statistics Cost of Living Calculator Occupations in Demand Job Vacancy Survey Career and Education Explorer Graduate Employment Outcomes CareerOneStop and MySkillsMyFuture* Quarterly Census of Employment and Wages Staffing Patterns Current Employment Statistics Local Area Unemployment Statistics Comparisons (MN and Metro Area) Business Finder Quarterly Employment Demographics

29 Occupational employment statistics mn.gov/deed/oes
Geography Employment 25th Percentile Wage Median Wage 75th Percentile Wage Metro Area 1,769,290 $14.20 $21.92 $34.43 Minnesota 2,838,270 $13.41 $20.07 $31.06 U.S. 142,549,250 $12.05 $18.33 $29.72 According to DEED’s Cost of Living Calculator, the basic-needs budget for a typical family of three in the Metro is: $63,996/year This equates to an hourly wage of $20.51 for each adult worker Top-Employing Industries (Metro) Employment Median Wage Education & Health Services 403,350 $21.97 Trade, Transportation, & Utilities 333,620 $17.87 Professional & Business Services 306,570 $27.36 Manufacturing 173,770 $23.91 Leisure & Hospitality 169,760 $11.55 Financial Activities 133,140 $27.90 Public Administration 88,450 $29.13 Construction 69,260 $30.16

30 Career & education explorer tool
Offers a wide range of occupational information: Wage information, including cost-of-living comparison Current demand Future openings and growth rate Educational requirements, certifications, and licenses On the job tasks, working conditions, and abilities Links to MinnesotaWorks.net and WFC help

31 CareerOneStop Explore careers Skills & interest assessments
All new career videos! Skills & interest assessments Find training & jobs in your area

32 Keeping skills in mind www.myskillsmyfuture.org

33 Labor market publications and assistance
Minnesota Economic Trends: Quarterly magazine on economic topics Subscriptions available free of charge or on-line Minnesota Employment Review: Monthly magazine on economic data and regional trends Includes Minnesota business development Available exclusively on-line LMI Helpline: Send questions by to

34 Thank You! Tim O’Neill Regional Labor Market Analyst
Labor Market Information Office mn.gov/deed/data


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