1. UMVRDC Annual Meeting Economic Changes and Challenges
Luke Greiner
Regional Labor Market Analyst
Department of Employment and Economic Development
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. Population Trends in the Region

4. Upper Minnesota Valley Population
Recent Population decline is twofold ( )
Emigration (-2,335)
More deaths than births (-187 net vital events)
Labor force projections show continued difficulties
From a loss of 2,100 workers is projected (-10%).
Can we handle this? Is this uncharted waters for the UMRV?
The projected losses are far less than what the region experienced through much of the 20th century where declines of 9,000 residents happened between multiple census years.

5. Economic Conditions in 3 Charts

6. Who’s hiring?
Everyone! But in relative terms, it’s mainly HC and manufacturing.
Much larger share of Mfg openings compared to Minnesota
Higher wage offers in HC compared to statewide
Transportation/warehouse, food prep/serving, and production are top 3 openings

7. More on Openings, th Qtr.
42 percent were PT (41% MN)
The median wage offer for FT openings was $15/hour ($17.02 MN)
Only 56% of FT openings offer HC insurance compared to 86% statewide.
Only 15% of FT jobs require a bachelor’s degree or more (23% MN)

8. Sowhatchyathink?
What % of graduating seniors from the Upper Minnesota Valley enroll in college in the fall following graduation?
71%, 1 point higher than statewide in 2016
21% enter the workforce without enrolling

9. Source: https://mn.gov/deed/newscenter/publications/trends/june-2017/tight-labor-market.jsp

10. Survey of 10th grade students in SW Minnesota, fall of 2017

11. Partnering, it’s what we do in SW

13. THANK YOU! http://mn.gov/deed/trends http://mn.gov/deed/review
Local Look Regional Blog
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Minnesota Employment REVIEW
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14. Let me know how I can help!
Luke Greiner
Regional Labor Market Analyst
Central and Southwest Minnesota
Labor Market Information Office
Phone: (320)