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October, 2015

September 2015 Unemployment Rate for Minneapolis

The September 2015 unemployment rate dropped .3% from August 2015 to 3.2%, resulting in 7,352 residents unemployed and actively seeking employment, a drop of nearly 1,000 unemployed from August to September.

 

The federal govern-ment’s estimate of the Minneapolis labor force dropped in September, down 2,533 to 229,431.

 

The year-over-year trend for September shows both increased labor force participation and lower unemployment from one year ago.

 

September’s 3.2% unemployment rate in Minneapolis is the same as the State of Minnesota, .1% higher than the seven county metro area, and 1.7% lower than the national average.


Minneapolis Trends Report: Second Quarter 2015 

Information on labor force, jobs and wages, and more here.


For Your Calendar

Minneapolis Workforce Council Meeting

Date: Tuesday, November 17, 2015 

Time: 8 - 9:30 AM

Location: TBD


Minnesota Workforce Council Winter Meeting

Date: Thursday, December 3, 2015

Location: TBA

Visit the MWCA website for updates.

 

Minneapolis Workforce Council

Meeting

Date: Tuesday, January 19, 2016

Time: 8:00 - 9:30 AM

Location: TBD

 

Minneapolis Workforce Council

Meeting

Date: Tuesday, March 15, 2016

Time: 8:00 - 9:30 AM

Location: TBD

 

Minneapolis Workforce Council

Meeting

Date: Tuesday, May 17, 2016

Time: 8:00 – 9:30 AM

Location: TBD

  

Low Income Workers to Receive Training

DEED has awarded 21 Low Income Worker Training grants totaling $2,670,588 to cover the cost of training for 1,333 "training ready" lower-income individuals.


Click here to see a list of grant recipients.

Job Fair Highlights Healthcare and STEM Careers

Inside Industry, a career development and job fair event, took place on October 22nd at the Minneapolis Central Library. The event featured job fairs for health care and STEM (Science, Engineering, Technology and Math) careers, industry speakers and panels, and workshop sessions.

 

MnSCU students, job seekers from area Workforce Centers and the general public networked with thirty exhibiting companies and ten MnSCU colleges. All exhibitors provided information on entering, transitioning and advancing in health care and STEM professions.

 

Two interactive workshops, “Hire Me Again” and “Create Your Personal Brand,” supplied job seekers with actionable steps they can take to build networks and relevant experience in these rapidly-growing industries.

 

Attendance at the event was diverse; an overwhelming majority of attendees were women and people of color. Feedback was positive, with many job seekers reporting they secured job leads, job offers, or scheduled interviews with hiring managers.

 

Inside Industry was a collaborative effort among metropolitan area MNSCU college career advisors and City of Minneapolis Employment and Training. Funding for the event was provided by Hennepin County and City of Minneapolis. 

 

MinneapolisTechHire Outcomes

In response to the rapid growth in tech jobs in the Minneapolis region, the City of Minneapolis, PRIME Digital Academy, IT Futures Foundation – IT Ready, Concordia University – Software Guild, and 60 regional employers came together to train and place nontraditional, diverse IT workers into software engineering and support roles. Minneapolis TechHire continues to grow as more tech partners, nonprofit providers, and employers join the movement.

 

In the first six months of its pilot year, Minneapolis TechHire has achieved the following:

  • 117 trainees have completed accelerated programs
  • 54 graduates have been placed in full-time positions, with salaries averaging $46,489
  • Employers range widely across industry and sectors including: C.H. Robinson, the City of Minneapolis, Wells Fargo, Target, the Nerdery, G5 Solutions, Allina Health, Ceridian, Analysts International Corp (AIC), SIRVA, and many more.

Keep up to date on Tech Hire here. 

 

Governor Dayton Creates New Office of Career and Business Opportunity

Governor Mark Dayton announced that he will create a new Office of Career and Business Opportunity to be housed at the Minnesota Department of Employment and Economic Development (DEED). The Office will provide leadership to help workers and businesses of color find career paths and business opportunities in Minnesota.

 

“This is a first and important step in addressing the troubling economic disparities facing people of color in Minnesota,” Dayton said in an October 11th  press release.

 

To ensure that the mission of the Office is a high priority for DEED and the Dayton Administration, it will be led by a director and overseen by a senior level staff member who will be a member Commissioner’s senior leadership team.

 

Governor Dayton’s announcement follows a U.S. Census Bureau report that highlighted economic disparities facing Minnesotans of color. Minnesota currently ranks 45th in the nation in median African American household income and nearly 40 percent of African American children in Minnesota live in poverty.

 

See the Governors' press release. 

 

Greater MSP Launches Campaign to Attract Workers

Greater MSP,  the economic development organization charged with attracting employers to the region, is turning its attention to bringing employees here, too.

It's launched a new campaign, called Make It MSPdesigned to attract and retain talent in the 16-county metro area and to improve the experience of workers who are transplanted to the Twin Cities.

 

"The region has one of the world's most vibrant economies and is one of the best places in the world to live - the goal of this initiative is to tell that story", said Michael Langley, CEO of Greater MSP.

 

The MakeItMSP website includes maps, virtual tours, photos and videos of the region, and a customized job-search portal with open positions. Job recruiters can also find rankings on the website that tout the Twin Cities as a place to live, work or raise a family. There's also a two minute video published on YouTube, promoting the region.

 

Article excerpted from the Minneapolis/St.Paul Business Journal.