DEED Roundup-Jan. 25, 2016

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Jan. 25, 2016

In the News

A Strong Finish for State Labor Market
Minneapolis Star Tribune-1/21/16
After languishing this summer, Minnesota's job market ended 2015 on a strong note, adding about 9,000 jobs for the second consecutive month. The state had a net addition of 42,485 jobs for all of 2015, a 1.5 percent increase for the year. "This was a much needed reversal of the summertime slump that produced a net decline of 1,800 jobs between June and October," DEED's Steve Hine said.

Construction Activity Up in Coon Rapids
ABC Newspapers-1/25/16
Construction activity increased last year, and local wage growth is outpacing inflation in Coon Rapids. The city issued 471 building permits in the 2015 fourth quarter, compared with 385 in the same period a year earlier. Meanwhile, DEED figures show local wages have climbed an average of 3.1 percent annually since 2007, growing faster than the inflation rate. 

Did You Know?

Minnesota second strongest state logo

Minnesota is the second-strongest state in the union, according to an analysis by Politico. The magazine looked at 15 categories, including per capita annual income, unemployment rates, poverty levels and high school graduation rates. New Hampshire was No. 1.


Recent Press Releases

State Gains 9,100 Jobs in December
Minnesota employers added 9,100 jobs in December. Those figures, combined with November figures that were revised upward by 2,000 jobs, brought job gains for the calendar year in Minnesota to 42,485. Jobs grew 1.5 percent in the state in 2015, compared with a U.S. growth rate of 1.9 percent for the year. The state unemployment rate fell to a seasonally adjusted 3.5 percent in December from a revised rate of 3.6 percent in November.

Entrepreneur Credits Trade Missions
A partner in the $115 million Mall of Entertainment project in Albertville says relationships that he built on three Minnesota trade missions were instrumental in helping to make the project a reality. Minnetonka businessman Kevin Hanson participated in trade missions led by Gov. Dayton to China in 2012; Germany, Sweden and Norway in 2013; and Mexico in 2015. Hanson says his association with the trade missions and the governor helped him attract investors for the project.

Recent Blog Posts


No matter what combination of questions they ask, what hiring managers really want to know boils down to five questions: Can you do the job? Do you understand the job? Are you available for the right price? Will you fit in? Do you want the job? Read more here.