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PODCAST

Minneapolis Job Market Report

Inception Point Ai

Welcome to "Minneapolis Job Market Report," your go-to podcast for the latest insights and trends in the Minneapolis job scene. Each episode features expert analysis, interviews with industry leaders, and timely updates to help you navigate the ever-changing employment landscape. Whether you"re a job seeker, employer, or just curious about the local economy, we provide valuable information to stay ahead. Tune in and stay informed about job opportunities, career advice, and market developments in the

society & culture careers

All Episodes

3:09

"Minneapolis Job Market: Tight Labor, Workforce...

Minneapolis Job Market Report ·

2024/12/18

The job market in Minneapolis is characterized by a tight labor landscape despite some challenges. Despite low unemployment rates, the market faces a severe workforce shortage, with only 51 available workers for every 100 open job positions, particularly in industries like manufacturing, administrative and support services, and finance and insurance[2][5].The unemployment rate in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area was 2.7% as of October 2024, which is lower than the

en

3:32

Minneapolis Job Market: Balancing Low Unemployment...

Minneapolis Job Market Report ·

2024/12/17

The job market in Minneapolis, as part of the Minneapolis-St. Paul metropolitan statistical area (MSA), presents a complex picture despite low unemployment rates. As of October 2024, the unemployment rate for the Minneapolis-St. Paul-Bloomington, MN-WI MSA stood at 2.70%, which is lower than the long-term average of 4.02%[5].The employment landscape is characterized by strong demand from employers, particularly in locally oriented industries such as retail, restaurants, construction, entertainment

en

3:28

The Tight Labor Market in Minneapolis: Balancing...

Minneapolis Job Market Report ·

2024/12/14

The job market in Minneapolis, part of the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area, presents a complex and dynamic picture. Despite low unemployment rates, the market is characterized by a tight labor market with more job openings than job seekers. As of September 2024, Minnesota had 191,000 job openings, with a job openings rate of 5.9%, higher than the national rate of 4.5%[1][3].The employment landscape in Minnesota is marked by stability in unemployment rates, with

en

3:50

The Dichotomy of Minneapolis Job Market: Low...

Minneapolis Job Market Report ·

2024/12/13

The job market in Minneapolis, particularly within the Minneapolis-St. Paul metropolitan area, presents a complex picture despite low unemployment rates. As of recent data, the unemployment rate in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan statistical area was 2.7% in October 2024, which is lower than the long-term average of 4.02%[5].Despite these strong employment numbers, the office market in the Twin Cities is experiencing negative absorption. The overall unemployment rate dropped

en

3:33

Minneapolis Job Market: Balancing Unemployment,...

Minneapolis Job Market Report ·

2024/12/12

The job market in Minneapolis, part of the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area (MSA), presents a complex picture despite low unemployment rates. As of October 2024, the unemployment rate in the Minneapolis-St. Paul-Bloomington MSA stood at 2.70%, which is lower than the long-term average of 4.02%[5].Despite the strong employment numbers, the office market in the Twin Cities is experiencing challenges. Office vacancies are rising, with an overall market vacancy rate

en

3:35

"Minneapolis Job Market Resilient Amidst Steady...

Minneapolis Job Market Report ·

2024/12/10

The job market in Minneapolis, as part of the larger Minnesota economy, has shown resilience and growth in recent months. Despite some fluctuations, the overall employment landscape remains strong. In April 2024, Minnesota gained 3,900 jobs on a seasonally adjusted basis, with the labor force increasing by 3,710 people, maintaining a labor force participation rate of 68%[1].Key statistics indicate that the unemployment rate in Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area was at 2.70% in

en

3:52

Minnesota's Resilient Job Market: Sectorial Shifts...

Minneapolis Job Market Report ·

2024/12/09

The job market in Minneapolis, and the broader Minnesota region, has shown a mix of resilience and challenges in recent months. As of April 2024, Minnesota gained 3,900 jobs on a seasonally adjusted basis, with the labor force increasing by 3,710 people, maintaining a labor force participation rate of 68%[1].The employment landscape is characterized by growth in several key sectors. Financial activities, manufacturing, construction, and professional & business services were among the industries that

en

3:39

"Minnesota's Resilient Job Market: Steady Growth, Low...

Minneapolis Job Market Report ·

2024/12/07

The job market in Minneapolis, and broadly in Minnesota, exhibits resilience and steady growth. As of April 2024, Minnesota gained 3,900 jobs from March to April, with a labor force increase of 3,710 people, maintaining a labor force participation rate of 68%[1].The employment landscape is characterized by a diverse range of industries. Key sectors adding new jobs include Financial Activities with 1,800 jobs, Manufacturing with 1,300 jobs, Construction with 1,100 jobs, and Professional & Business

en

3:31

Minneapolis Rising: Tech Talent, Job Growth, and the...

Minneapolis Job Market Report ·

2024/12/06

The job market in Minneapolis is characterized by resilience and growth, as evidenced by recent employment trends. In April 2024, Minnesota gained 3,900 jobs on a seasonally adjusted basis, with the unemployment rate remaining steady at 2.7%, significantly lower than the U.S. unemployment rate of 3.9%[1].The employment landscape in Minneapolis is diverse, with several industries contributing to job growth. Financial activities, manufacturing, construction, and professional & business services were

en

3:35

"Minneapolis Job Market: Balancing Low Unemployment...

Minneapolis Job Market Report ·

2024/12/04

The job market in Minneapolis, particularly within the Minneapolis-St. Paul metropolitan area, presents a complex picture. Despite low unemployment rates, the market is experiencing some challenges. As of May 2024, the unemployment rate in the Minneapolis-St. Paul MSA was 2.6%, and by August 2024, it had increased to 3.9%[2].The employment landscape is marked by a decrease in job growth in typical office sectors such as professional, financial, and information services, with a loss of 21,100 jobs in

en

3:39

Minneapolis Job Market: Resilient Amid Subtle Cooling...

Minneapolis Job Market Report ·

2024/10/19

The job market in Minneapolis, part of the larger Minneapolis-Saint Paul (MSP) region, is characterized by a mix of stability and subtle cooling trends. Despite a slight slowdown in hiring, the overall employment landscape remains strong. Over the year, Minnesota gained 29,200 payroll jobs, with the MSP region regaining a significant portion of the jobs lost during the COVID-19 pandemic. As of July 2024, the state reported a modest job loss of 1,100 jobs, which is statistically insignificant but

en

3:57

Twin Cities Job Market Strong Despite Workforce Shortage

Minneapolis Job Market Report ·

2024/09/27

The job market in Minneapolis and the broader Minnesota area is characterized by a mix of steady growth, low unemployment, and a persistent workforce shortage.Despite a slowdown in job growth in recent months, with Minnesota adding only 100 jobs in February 2024 after a strong January, the overall employment landscape remains positive. The unemployment rate has held steady at 2.7%, significantly lower than the national rate of 3.9%.Key statistics indicate a tight labor market, with more job openings

en

4:09

"Minneapolis Job Landscape: Tight Labor Market,...

Minneapolis Job Market Report ·

2024/09/24

The job market in Minneapolis, as of recent data, is characterized by a tight labor landscape with significant job openings exceeding the number of job seekers. Minnesota's unemployment rate has remained remarkably stable, standing at 2.9% in December 2023, which is consistent with the rates in the previous two years.The employment landscape is marked by a severe workforce shortage, with only 51 available workers for every 100 open job positions. This shortage is particularly evident in industries

en

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