DEED Roundup – Oct. 31, 2016

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  Oct. 31, 2016

In the News

Soldier inspecting a soldier

Good News for Vets in the Job Market
Twin Cities Business Journal-10/24/16
Job prospects for veterans in Minnesota have improved, but challenges remain. The problem in Minnesota is not unemployment, it’s underemployment. It’s the people who are working two jobs part-time with no benefits,” says Jim Finley, who leads veteran employment programs at DEED.

VR Services Sees Surge in Clients
Minneapolis Star Tribune-10/25/16
Vocational Rehabilitation Services, the DEED program charged with integrating Minnesotans with disabilities into the mainstream workforce, has quietly placed more than 1,000 people on indefinite waiting lists, the result of a surge in enrollments that could imperil new state efforts to expand disability hiring.

Labor Market Tight in the Twin Ports
Duluth News Tribune-10/25/16
Unemployment in the Twin Ports region fell to 4.7 percent in September, its lowest level of the year, while the overall labor force shrank to its smallest size in more than a decade. "You've got two different phenomena going on — the number of unemployed is dropping as well as the number in the workforce," said DEED regional analyst Erik White. "It is a tight labor market out there."

Press Releases

DEED Wins National Finance Award
DEED has received national recognition for successfully using financing tools, resources and programs to encourage economic development in the state. The Council of Development Finance Agencies (CDFA) named DEED the winner of its 2016 Distinguished Development Finance State Agency Award.

Recent Blog Posts

Closeup of a doctor's face

Various forces are driving job growth in some Minnesota occupations and decline in others, according to a story in a recent issue of Trends magazine. Production jobs are declining, while employment in the health care sector has been growing for years and is expected to continue growing in the foreseeable future. Read more at the DEED Developments Blog.

Did You Know?

Woman at microscope

Minnesota ranks seventh nationally for its tech and science business prowess, according to the Milken Institute's State Technology and Science Index 2016. The study cited Minnesota's strong tech workforce and investment in human capital.